FILING ANALYSIS · THURSDAY, NOVEMBER 12
SAGA COMMUNICATIONS INC SGA — 8-K: Results of Operations and Financial Condition
neutral
The company reported a net loss of $7.1 million for the quarter, primarily due to a non-cash impairment charge of $9.2 million, and a decline in net revenue of 5.4% to $26.7 million. Without the impairment charge, the net loss would have been approximately $240 thousand or $0.03 per share.
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