Saga 2Q Television Revenue Up 15.5%

Saga Communications Inc. today reported results for the quarter ended June 30, that included a 15.5% increase in 2Q television net operating revenue to $5,158,000 from $4,504,000 in the same quarter a year earlier.

Saga owns or operates broadcast properties in 25 markets, including four full-power television stations and four low-power TV stations; 61 FM and 30 AM radio stations; three state radio networks; and two farm radio networks.

The company as a whole reported a 2.6% increase in net operating revenue to $33.8 million and a 6.4% drop in net income to $4.8 million ($0.84 per fully diluted share).

Read the company’s report here.