Saga Communications Inc (NAS:SGA)
$ 11.89 0.63 (5.6%) Market Cap: 74.45 Mil Enterprise Value: 46.77 Mil PE Ratio: 16.51 PB Ratio: 0.45 GF Score: 68/100
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Q3 2024 Saga Communications Inc Earnings Call Transcript

Nov 07, 2024 / 04:00PM GMT
Release Date Price: $13.9 (-0.64%)
Operator

Good day, everyone, and welcome to the Saga Communications third-quarter 2024 earnings release and conference call. (Operator Instructions) It is now my pleasure to turn the floor over to your host, Chris Forgy. Sir, the floor is yours.

Christopher Forgy
Saga Communications Inc - President, Chief Executive Officer, Director

Thank you, Matt. Good morning, and welcome to our corporate team, our shareholders, the writers from our industry's trade publications, and our Saga employees, all who have joined us today for the third quarter earnings call. So thank you for being here. It's been another interesting few weeks, hasn't it?

Today, half of the citizens in the US are elated. The other half woke up yesterday unhappy and frankly concerned for the future. Regardless of which side of the aisle you're on, these are turbulent times, no question about it.

We recently saw more layoffs in the automotive and broadcast sectors and many of our advertising partners are forced to choose between meeting their payroll or putting a hold on their advertising.

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