Saga 2Q Television Revenue Up 8.5%

The company's five full-power and four low-power stations account for $4.5 million, up from $4.2 a year ago.

By Staff | August 7, 2012 | 5:28 p.m. ET.

Saga Communications Inc. on Tuesday reported results for the quarter ended June 30 that included a 8.5% increase in television net operating revenue to $4,504,000 from $4,153,000 in the same quarter a year earlier.

Operating income from continuing operations for the TV stations was $1.5 million, a 28.4% increase from $1.1 million in 2Q 2011.

Saga owns or operates broadcast properties in 26 markets, including five 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 0.7% increase in net operating revenue to $33 million while station operating expense decreased 4.6% compared to the same period last year to $22 million.

Read the company’s report here.