Saga Communications Reports Q4 and Year-End 2025 Results with $26.5 Million Net Revenue, $6.9 Million Net Loss

Saga Communications reported a 9.3% decrease in net revenue to $26.5 million in Q4 2025 compared to $29.2 million in the same period last year. Digital revenue increased 25.8% to $4.3 million. The company had an operating loss of $9.5 million, a net loss of $6.9 million, and a diluted loss per share of $1.07. An impairment charge of $20.4 million was recorded due to lower-than-expected revenue growth in radio advertising.