Saga Communications Q1 EPS GAAP $(0.25) Down From $0.15 YoY, Sales $24.66M Down From $25.30M YoY
Portfolio Pulse from Benzinga Newsdesk
Saga Communications reported a Q1 GAAP EPS of $(0.25), a significant decrease from $0.15 YoY. Sales also decreased to $24.66M from $25.30M YoY.
May 09, 2024 | 1:09 pm
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NEGATIVE IMPACT
Saga Communications reported a significant decrease in Q1 earnings and sales compared to last year.
The reported decrease in both earnings per share and sales indicates a negative performance for the quarter, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100