Salem Media Group, Inc. Announces Second Quarter 2020 Total Revenue of $52.9 Million

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Salem Media Group (SALM) Tops Q2 EPS by 9c, Revenues Beat

August 6, 2020 5:18 PM EDT

Salem Media Group (NASDAQ: SALM) reported Q2 EPS of ($0.09), $0.09 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $52.9 million versus the consensus estimate of $51.16 million.

Consolidated

Total revenue decreased 18.3% to $52.9 million from $64.7 million;Total operating expenses decreased 9.0% to $53.8... More