Saga Communications Inc (NAS:SGA)
$ 12.57 -0.65 (-4.92%) Market Cap: 78.71 Mil Enterprise Value: 63.68 Mil PE Ratio: 12.96 PB Ratio: 0.47 GF Score: 70/100

Q2 2021 Saga Communications Inc Earnings Call Transcript

Aug 05, 2021 / 03:00PM GMT
Release Date Price: $22.13 (+3.60%)
Operator

Good morning, ladies and gentlemen, and welcome to the Saga Communications Second Quarter 2021 Earnings Conference Call. (Operator Instructions) It is now my pleasure to turn the floor over to your host, Ed Christian. Sir, the floor is yours.

Edward K. Christian
Saga Communications, Inc. - President, CEO & Chairman

Thank you very much for setting us up for us for this interesting conference call we should have today. Well, we're going to start in a second here, but I'm -- I was just telling Sam a few minutes ago about a story that I remember as we were going through some items before the call. And years ago, 30-plus years ago when we started Saga Communications, we actually first find ourselves one FM station in New York. And when we did, we sold it to 2 young burgeoning entrepreneurs. And then they went to -- and arranged the meeting with 2 different banks to combine and talk to them about the financing.

And they sat in the conference room with banks. And in the beginning of the meeting, he said, "Do you mind if we just run a few numbers by you?"

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