Saga Communications, Inc. (NYSEMKT:SGA) on 6 may reported net operating revenue for the quarter ended March 31, 2014 of $29.4 million compared to $29.0 million for the same period last year. Operating income from continuing operations was $4.3 million. Net income for the period was $2.4 million ($0.42 per fully diluted share) and free cash flow was $3.4 million. Station operating expense increased $0.9 million (3.9%) to $23.0 million (station operating expense includes depreciation and amortization attributable to the stations). Saga Communications, Inc. (NYSEMKT:SGA) net profit margin is 11.70% and weekly performance is 3.75%. On last trading day company shares ended up $44.55. Analysts mean target price for the company is $3.00. Saga Communications, Inc. (NYSEMKT:SGA) distance from 50-day simple moving average (SMA50) is -4.00%.
Spanish Broadcasting System Inc. (NASDAQ:SBSA) received approval earlier this week from THE NASDAQ STOCK MARKET to transfer the listing of the Company’s common stock from The NASDAQ Capital Market to The NASDAQ Global Market. Spanish Broadcasting System Inc. (NASDAQ:SBSA) shares advanced 0.54% in last trading session and ended the day on $5.54. SBSA gross Margin is 80.90% and its return on assets is -4.30%.Spanish Broadcasting System Inc. (NASDAQ:SBSA) quarterly performance is 23.66%.
Beasley Broadcast Group, Inc. (NASDAQ:BBGI), a large- and mid- size market radio broadcaster, on 30 April announced operating results for the three-months ended March 31, 2014. The $0.6 million, or 2.4%, year-over-year decline in net revenue during the three months ended March 31, 2014, primarily reflects lower advertising revenue at the Company’s Miami-Fort Lauderdale and Philadelphia market clusters.Beasley Broadcast Group Inc. (NASDAQ:BBGI) shares moved down -0.99% in last trading session and was closed at $6.98, while trading in range of $6.91 – $7.15. Beasley Broadcast Group Inc. (NASDAQ:BBGI) year to date (YTD) performance is -19.68%.
Radio One Inc. (NASDAQ:ROIA) told a Washington federal court that the terms of Big Tobacco’s recent agreement with the U.S. government should be modified to allow key smaller television networks such as its TV One unit to show the anti-tobacco advertisements the deal calls for. Radio One, Inc. (NASDAQ:ROIA) ended the last trading day at $4.10. Company weekly volatility is calculated as 2.47%. Radio One, Inc. (NASDAQ:ROIA) showed a positive weekly performance of 3.54%.
China’s Lenovo Group Ltd (ADR)(OTCMKTS:LNVGY) the world’s fourth-biggest smartphone vendor, saw net profit grow 29 per cent for the business year ended March, as strong smartphone sales helped shore up weak growth in China.On last trading day company shares ended up $24.52.
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