Adjusted EPS. Saga Communications reported adjusted EPS of $1.27 for Q4 2025. The broadcaster posted adjusted net income of $8.2 million, while GAAP results showed a net loss of $6.9 million driven by operating losses of $9.5 million. The sharp divergence between adjusted and GAAP figures reflects non-recurring charges that weighed on reported results.
Revenue pressures persist. Q4 revenue of $26.5 million fell 9% from $29.2 million in the year-ago quarter, marking continued headwinds in the broadcasting sector. Revenue declined from Q3 2025. Shares traded at $11.38 on volume of 20,487 shares, showing muted investor reaction to the mixed results.
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