UPDATE: Salem Media Group (SALM) Reports Q4 EPS of $0.20, Offers Q1 Outlook
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Salem Media Group, Inc. Announces Fourth Quarter 2015 Total Revenue Of $69.1 Million
March 9, 2016 1:35 PM ESTCAMARILLO, Calif., March 9, 2016 /PRNewswire/ -- Salem Media Group, Inc. (Nasdaq: SALM) released its results for the three and twelve months ended December 31, 2015.
Fourth Quarter 2015 Highlights
Total revenue increased 4.9% Adjusted EBITDA increased 11.9% Acquired KKSP-FM in Little Rock, Arkansas, KDZR-AM in Portland, Oregon, KDDZ-AM in Denver, Colorado, WWMI-AM in Tampa, Florida, KDIZ-AM in Minneapolis, Minnesota, and WSDZ-AM in St. Louis, Missouri Leverage ratio decreased to 5.47Fourth Quarter 2015 Results
For the quarter ended December 31, 2015 compared to the quarter... More
