Filing Flows › Saga Communications (SGA) › Q4 2024
Saga Communications (SGA) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Saga Communications (SGA) reported revenue of $29.2M for the fourth quarter 2024 (Q4 2024), -2% from a year earlier and +2% from the quarter before. Operating margin was 3.4%, net earnings $1.3M (4.3% of revenue).
Saga Communications, Q4 2024: revenue $29.2M (-2% year over year), operating margin 3.4%, net earnings $1.3M, operating cash flow $3.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29.2M | +2% | -2% |
| Operating profit | $984K | -40% | -65% |
| Net earnings | $1.3M | +0.2% | -49% |
| Operating cash flow | $3.6M | -29% | +149% |
| Free cash flow | $3.1M | -31% | +514% |
What changed
Revenue was $29.2M in Q4 2024, down 2% year over year and up 2% from the previous quarter. Broadcast Advertising Revenue, Net was the largest line at 81% of revenue.
Operating profit was $1.0M, a 3.4% margin (down 6.0 points year over year). Total costs grew 5% against a revenue fall of 2%. The fastest-growing cost line was General & admin (+13%). Net earnings were $1.3M, down 49% year over year. The effective tax rate was 10.3%. Non-operating items added $430K, 30% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $3.6M (up 149% year over year), 286% of net earnings. Non-cash charges added back $1.4M of depreciation and amortization. Working capital and other items added $926K. Capital expenditures of $568K left free cash flow of $3.1M.
Questions
What was Saga Communications' revenue in the fourth quarter 2024?
Saga Communications (SGA) reported revenue of $29.2M for the fourth quarter 2024 (Q4 2024), -2% from a year earlier and +2% from the quarter before.
Was Saga Communications profitable in the fourth quarter 2024?
Operating profit was $984K (3.4% of revenue) and net earnings $1.3M.