Salem Media Group, Inc. Announces Second Quarter 2018 Total Revenue of $66.3 Million

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Salem Media Group (SALM) Misses Q2 EPS by 17c; Offers 3Q Revenue Outlook

August 8, 2018 4:29 PM EDT

Salem Media Group (NASDAQ: SALM) reported Q2 EPS of ($0.08), $0.17 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $66.3 million versus the consensus estimate of $66.21 million.

Total revenue increased 0.2% to $66.3 million from $66.1 million;Total operating expenses increased 12.9% to $64.9 million... More