Salem Media Group (SALM) Misses Q3 EPS by 2c

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Salem Media Group, Inc. Announces Third Quarter 2015 Total Revenue Of $67.5 Million

November 9, 2015 4:05 PM EST

CAMARILLO, Calif., Nov. 9, 2015 /PRNewswire/ -- Salem Media Group, Inc. (Nasdaq: SALM) released its results for the three and nine months ended September 30, 2015.

Third Quarter 2015 Highlights

Net broadcast revenue increased 1.9% Recurring operating expenses decreased 1.0% Acquired WBIX-AM (formerly WMKI-AM) in Boston, Massachusetts and KEXB-AM (formerly KMKI-AM) in Dallas, Texas Acquired DividendInvestor.com, the DailyBible app and a Spanish Bible app

Certain reclassifications have been made... More