Salem Media Group, Inc (SALM) - NASDAQ
  • Wed, May 4, 4:47 PM
    • Salem Media (NASDAQ:SALM): Q1 EPS of $0.01 misses by $0.02.
    • Revenue of $64.58M (+4.4% Y/Y) beats by $1.15M.
    • Press Release
    | Wed, May 4, 4:47 PM
  • Wed, Mar. 9, 2:34 PM
    • Salem Media Group (NASDAQ:SALM) has popped 3.1% after its in-market release of Q4 earnings, which featured a revenue beat and a swing to profit from break-even results last year.
    • Net income was $5.3M vs. just $38,000 a year ago, aided by a $1.4M gain on bargain purchase of three radio stations. EBITDA rose 34% to $15.2M, easily beating an expected $8.6M.
    • Revenue by segment: Net broadcast, $51.3M (up 5.2%); Net digital media, $12.2M (up 3.8%); Net publishing, $5.7M (up 4.2%).
    • The Christian/conservative broadcaster acquired six radio stations in the quarter, and reduced its leverage ratio to 5.47.
    • Press Release
    | Wed, Mar. 9, 2:34 PM
  • Wed, Mar. 9, 1:44 PM
    • Salem Media (NASDAQ:SALM): Q4 EPS of $0.20 may not be comparable to consensus of $0.02.
    • Revenue of $69.1M (+4.8% Y/Y) beats by $2.15M.
    • Shares +2.25%.
    • Press Release
    | Wed, Mar. 9, 1:44 PM
  • Nov. 9, 2015, 7:42 PM
    • In its Q3 report, Salem Media Group (NASDAQ:SALM) noted revenues that fell (though they beat expectations, and net broadcast revenues were up) and profit that missed consensus in a quarter where the company reclassified some prior-year results.
    • Salem changed operating segments to better conform to its business after acquiring Eagle Publishing last year. Net income fell to $2.1M from a prior $3.7M.
    • Revenue by segment: Net broadcast, $49.2M (down 1.9%); Net digital media, $11.4M (down 1%); Net publishing, $6.9M (down 29.9%).
    • It's projecting Q4 revenues to increase 1-3% Y/Y from the prior year's $65.9M, and for adjusted operating expenses to go up between 1-4%.
    | Nov. 9, 2015, 7:42 PM
  • Nov. 9, 2015, 4:50 PM
    • Salem Media (NASDAQ:SALM): Q3 EPS of $0.08 misses by $0.02.
    • Revenue of $67.49M (-3.0% Y/Y) beats by $0.44M.
    | Nov. 9, 2015, 4:50 PM
  • Aug. 5, 2015, 4:37 PM
    • Salem Media (NASDAQ:SALM): Q2 EPS of $0.14 may not be comparable to consensus of $0.04.
    • Revenue of $67.29M (-2.0% Y/Y) beats by $0.94M.
    | Aug. 5, 2015, 4:37 PM
  • May 6, 2015, 4:49 PM
    • Salem Media (NASDAQ:SALM): Q1 EPS of $0.01 beats by $0.02.
    • Revenue of $61.86M (-0.8% Y/Y) beats by $0.8M.
    | May 6, 2015, 4:49 PM
  • Mar. 10, 2015, 4:57 PM
    • Christian/conservative radio firm Salem Media Group (SALM -3%) posted revenue that grew, but still missed expectations by about 1%, and a breakeven quarter as total operating expenses rose 11.3%.
    • Operating income dropped 28% to $6.9M. Salem reported GAAP net income of $0.00 vs. an expected $0.14, as increased expenses took their toll and backing out a provision for income taxes left income of $38K.
    • Revenue by segment: Broadcast, $48.8M (flat); digital media, $11.7M (up 15%); publishing, $5.4M (up 47%).
    • The company guides for revenues to drop 1-3% Y/Y in Q1, which would put it about $60.4M-$61.7M vs. expectations of $66.2M.
    • Conference call at 5 p.m. ET.
    | Mar. 10, 2015, 4:57 PM
  • Mar. 10, 2015, 4:15 PM
    • Salem Media (NASDAQ:SALM): Q4 EPS of $0.00
    • Revenue of $65.94M (+5.2% Y/Y)
    | Mar. 10, 2015, 4:15 PM
  • Feb. 3, 2015, 4:09 PM
    • Cumulus Media (NASDAQ:CMLS) finished up 11.9% ahead of a March 2 release of its Q4 results.
    • The company has set a conference call at 4:30 p.m. ET that day to discuss earnings.
    • Expectations are for an EPS of $0.09 on revenues of $333.2M.
    • Commercial-radio peers have also had a strong day: Saga Communications (SGA +2.4%); Emmis Communications (EMMS +0.5%); Salem Communications (SALM +2.1%); Radio One (ROIAK +1.7%); Entercom (ETM +2.8%); and Townsquare Media (TSQ +3.2%).
    | Feb. 3, 2015, 4:09 PM
  • Nov. 6, 2014, 5:45 PM
    • Salem Communications (NASDAQ:SALM): Q3 EPS of $0.14 beats by $0.02.
    • Revenue of $69.60M (+19.0% Y/Y) beats by $3.94M.
    | Nov. 6, 2014, 5:45 PM
  • Aug. 7, 2014, 5:52 PM
    • Salem Communications (NASDAQ:SALM): Q2 EPS of $0.05
    • Revenue of $68.6M (+14.1% Y/Y) in-line.
    | Aug. 7, 2014, 5:52 PM
  • Aug. 7, 2013, 6:43 AM
    • Salem Communications (SALM): Q2 EPS of $0.20 beats by $0.07.
    • Revenue of $60.1M beats by $0.82M. (PR)
    | Aug. 7, 2013, 6:43 AM
  • May 7, 2013, 8:00 PM
    Salem Communications (SALM): Q1 EPS of -$0.75. Revenue of $55.6M beats by $0.19M. (PR)
    | May 7, 2013, 8:00 PM
  • Feb. 25, 2013, 4:54 PM
    Salem Communications (SALM): Q4 EPS of $0.08 misses by $0.05. Revenue of $60.6M (+6.1% Y/Y) beats by $1M. (PR)
    | Feb. 25, 2013, 4:54 PM
Company Description
Salem Media Group, Inc. operates as a multi-media company with integrated operations consisting of radio broadcasting, digital media and publishing. It operates its business through two segments: Radio-Broadcasting and Digital media. The Radio-Broadcasting segment operates radio stations... More
Sector: Services
Industry: Broadcasting - Radio
Country: United States