Saga Reports 6.1 Percent 2Q Revenue Increase

Saga Communications, Inc. today reported net revenue increased 6.1% to $36.4 million for the quarter ended June 30, 2016.


Other highlights:

• Free cash flow increased 15.6% to $6.5 million.  
• Operating Income increased 12.6% to $8.4 million.  
• Station operating expense increased 4.6% to $25.4M
• Same Station net revenue increased 0.8% to $34.2M
• Same station operating expense was flat at $24.0M
• Net income for the period was $4.8 million

Net Revenue increased 9.1% to $69.2 million for the six months ended June 30, 2016.