Earnings Labs

Saga Communications, Inc. (SGA)

Q1 2021 Earnings Call· Thu, May 6, 2021

$11.03

+0.32%

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Transcript

Operator

Operator

Good morning, ladies and gentlemen, and welcome to the Saga Communications First Quarter Earnings Release and Conference Call. [Operator Instructions] It is now my pleasure to turn the floor over to your host for today, Sam Bush, Chief Financial Officer. Sir, the floor is yours.

Sam Bush

Analyst

First, let me start by reading our obligatory disclaimer statement. This call will contain forward-looking statements about our future performance and results of operations that involve risks and uncertainties that are described in the Risk Factors section of our most recent Form 10-K. This call will also contain a discussion of certain non-GAAP financial measures. Reconciliation for all the non-GAAP financial measures to the most directly comparable GAAP measure are attached in the selected financial data tables. Well, for the first time in almost 24 years that I’ve been at Saga and the almost 30 years that Saga has been a public company, Ed will not be on the call today. Ed recently suffered a muscle pull in his back, but remains fully functional and active in Saga’s day-to- day business. Obviously, this injury is painful. His doctor called him into his office this morning to get additional X-rays, and he is there now. He, as always, will be available for direct calls to discuss Saga’s first quarter performance as well as what we are seeing as the future develops. He and I as well as Chris Forgy, Angela Parks, others have had good conversations with him this morning as he heads out to meet his doctor as he was very disappointed not to be able to be on this call. I will not be able to tell the enlightening stories or paint the brilliant picture of our business that he does on each of these quarterly calls, but I will give you the highlights. And rest assured, Ed is doing fine. It’s just an unfortunate circumstance for timing relative to the call and relative to his doctor’s availability. Saga’s first quarter results continue to show an unfavorable comparison to the prior period in 2020 that we had yet to…

Operator

Operator

Thank you. Ladies and gentlemen, this does conclude today’s conference call. You may disconnect your phone lines at this time and have a wonderful day. Thank you for your participation.

Sam Bush

Analyst

Thank you, Cathy.

Operator

Operator