Salem Media Group (SALM) Tops Q2 EPS by 10c

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Go back to Salem Media Group (SALM) Tops Q2 EPS by 10c

Salem Media Group, Inc. Announces Second Quarter 2015 Total Revenue Of $67.3 Million

August 5, 2015 4:05 PM EDT

CAMARILLO, Calif., Aug. 5, 2015 /PRNewswire/ -- Salem Media Group, Inc. (Nasdaq: SALM) released its results for the three and six months ended June 30, 2015.

Second Quarter 2015 Highlights

Free cash flow (1) increased 14.9% Recurring operating expenses decreased 3.2% Adjusted EBITDA (1) increased 3.0% The company acquired WPGP-AM (formerly WDDZ-AM) in Pittsburgh, Pennsylvania, WDWD-AM in Atlanta, Georgia, and the Daily Bible Devotion mobile applications

Certain reclassifications have been made to the prior year operating results, condensed financial statements... More