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Saga: 1Q Earnings Snapshot

GROSSE POINTE FARMS, Mich. (AP) _ Saga Communications Inc. (SGA) on Friday reported first-quarter profit of $1.4 million.

On a per-share basis, the Grosse Pointe Farms, Michigan-based company said it had net income of 23 cents.

The broadcasting company posted revenue of $27.8 million in the period.

Saga shares have dropped roughly 8% since the beginning of the year. The stock has decreased 19% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SGA at https://www.zacks.com/ap/SGA