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Tuesday, August 4, 2015

The Saga Q2 Numbers

The Saga Q2 Numbers
Aug 4th 2015, 14:52
Saga CEO Ed Christian and CFO Sam Bush pack a lot of information - and entertainment - into a 17 minute earnings call. The company had $34.4 million in Q2 revenue, a 1.6 percent increase over 2014. National revenue, which has been receiving a lot of attention lately, was up $100,000 to $4.5 million. National was 12.1 percent of Saga's Q2 revenue. The company had $36.1 million in debt at the end of the quarter and $27.4 million in cash on hand. Looking ahead to Q3 Christian said it's much of the same, pacing is down slightly and flat excluding political.