Saga 3Q Television Revenue Slips 1.8%

Saga Communications Inc. today reported results for the quarter ended Sept. 30 that included a 1.8% decrease in television net operating revenue to $4.8 million from $4.9 million in the same quarter last year.

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 1.6% increase in net operating revenue to $32.9 million and a 0.8% drop in net income to $4.3 million ($0.75 per fully diluted share).

Read the company’s report here.