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

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

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

August 4, 2016 4:05 PM EDT

CAMARILLO, Calif., Aug. 4, 2016 /PRNewswire/ -- Salem Media Group, Inc. (Nasdaq: SALM) released its results for the three and six months ended June 30, 2016.

Second Quarter 2016 Results

For the quarter ended June 30, 2016 compared to the quarter ended June 30, 2015:

Consolidated

Total revenue increased 1% to $67.8 million from $67.3 million; Total operating expenses increased to $58.1 million from $58.0 million; Operating expenses, excluding gains or losses on the sale or disposal of assets, stock-based compensation expense, changes in the estimated fair value of contingent earn-out... More