Salem Media Group, Inc. Announces Fourth Quarter 2018 Total Revenue of $67.2 Million

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Salem Media Group (SALM) Misses Q4 EPS by 19c, Revenues Beat

March 12, 2019 4:08 PM EDT

Salem Media Group (NASDAQ: SALM) reported Q4 EPS of ($0.12), $0.19 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $67.2 million versus the consensus estimate of $66.51 million.

Total revenue remained consistent at $67.2 million;Total operating expenses increased 1.3% to $63.5 million from $62.7 million;Operating expenses, excluding gains or... More