Salem Media Group, Inc. Announces Second Quarter 2016 Total Revenue Of $67.8 Million

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Salem Media Group (SALM) Files $100M Mixed Shelf, 1M Share Common Shelf for Shareholders

August 5, 2016 9:49 AM EDT

Salem Media Group (Nasdaq: SALM) filed a registration with the U.S. SEC to sell up to $100 million of mixed securities and up to 1 million shares of common stock on behalf of selling shareholders.

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Salem Media Group (SALM) Tops Q2 EPS by 3c

August 4, 2016 6:29 PM EDT

Salem Media Group (NASDAQ: SALM) reported Q2 EPS of $0.13, $0.03 better than the analyst estimate of $0.10. Revenue for the quarter came in at $67.8 million versus the consensus estimate of $69.35 million.

Consolidated

Total revenue increased 1% to $67.8 million from $67.3 million;Total operating expenses increased to $58.1... More