Saga Communications Inc (NAS:SGA)
$ 12.9896 0.6596 (5.35%) Market Cap: 77.20 Mil Enterprise Value: 53.47 Mil PE Ratio: 17.13 PB Ratio: 0.46 GF Score: 68/100
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Q2 2024 Saga Communications Inc Earnings Call Transcript

Aug 08, 2024 / 03:00PM GMT
Release Date Price: $16 (+3.23%)
Operator

Good morning, everyone, and welcome to the Saga Communications second-quarter 2024 earnings release and conference call. (Operator Instructions)

It is now my pleasure to turn the floor over to your host, Chris Forgy. Sir, the floor is yours.

Christopher Forgy
Saga Communications Inc - President, Chief Executive Officer, Director

Thank you, Matt, and thank you to everyone who's taking time to join the Saga Q2 earnings call. We appreciate your continued interest, your questions, your support, and your participation in what we believe is the best media company on the planet.

It's been an interesting week this week. Monday marked the largest single day decline in stocks in Japan since 1987. There's been talks of a recession -- the US recession, they continue. Tech stocks are overpriced. There's political uncertainty, and there's a rising risk of a wider conflict in the Middle East.

The speed and depth of this recent global sell-off is compounded by both the aforementioned and a thinner-than-usual volumes in the month of August, which

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