Salem Media Group (SALM) Reports Q3 Loss of $0.75/Share

Salem Media Group (NASDAQ: SALM) reported Q3 EPS of ($0.75), versus $0.05 reported last year. Revenue for the quarter came in at $64.1 million, versus $65.5 million reported last year.

• The company had a net loss of $20.0 million, or $0.75 net loss per share, impacted by a $17.5 million loss on the disposition of assets and a $1.9 million impairment of indefinite-lived long-term assets other than goodwill, compared to net income of $1.2 million, or $0.05 net income per diluted share;

For earnings history and earnings-related data on Salem Media Group (SALM) click here.

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