Salem Media Group, Inc(SALM)- NASDAQ
  • Fri, Sep. 9, 11:16 AM
    • Salem Media (NASDAQ:SALM) declares $0.065/share quarterly dividend, in line with previous.
    • Forward yield 4.06%
    • Payable Sept. 30; for shareholders of record Sept. 19; ex-div Sept. 15.
    | Fri, Sep. 9, 11:16 AM
  • Thu, Aug. 4, 4:53 PM
    • Salem Media (NASDAQ:SALM): Q2 EPS of $0.13 beats by $0.03.
    • Revenue of $67.78M (+0.7% Y/Y) misses by $1.57M.
    • Press Release
    | Thu, Aug. 4, 4:53 PM
  • Tue, Jun. 28, 1:40 PM
    • Salem Media Group (SALM +1.8%) is entering the San Francisco market with a news talk station set to launch over the U.S. holiday weekend.
    • The conservative media firm is making KTRB into 860 AM The Answer, making the station the 26th "Answer-branded" station in its portfolio.
    • It'll bring a talk roster with company mainstays including Hugh Hewitt, Dennis Prager, Michael Medved and others in its opening over the July 4th weekend.
    | Tue, Jun. 28, 1:40 PM
  • Thu, Jun. 2, 4:40 PM
    • Salem Media (NASDAQ:SALM) declares $0.065/share quarterly dividend, in line with previous.
    • Forward yield 3.87%
    • Payable June 30; for shareholders of record June 16; ex-div June 14.
    | Thu, Jun. 2, 4:40 PM
  • 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
  • Mon, Apr. 4, 9:56 AM
    • Salem Media Group (SALM +1.8%) has made another investing-related acquisition, taking on Bob Carlson's Retirement Watch newsletter and its site, RetirementWatch.com.
    • The Christian/conservative media firm has been adding assets to its Eagle Financial Publications unit. In November it added DividendYieldHunter.com to digital operations including EagleDailyInvestor.com and ETFU.com.
    • Retirement Watch is targeted at all aspects of retirement planning: investments, Social Security, IRAs, pension plans, annuities, estate planning, medical coverage, income taxes and more.
    • Now read Donald Trump's Grabbing Of Attention: Here Is A Stock Poised To Gain From It »
    | Mon, Apr. 4, 9:56 AM
  • Thu, Mar. 10, 12:55 PM
    • Salem Media (NASDAQ:SALM) declares $0.0650/share quarterly dividend, in line with previous.
    • Forward yield 5.2%
    • Payable April 5; for shareholders of record March 22; ex-div March 18.
    | Thu, Mar. 10, 12:55 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.
    | 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%.
    | Wed, Mar. 9, 1:44 PM
  • Dec. 1, 2015, 9:33 AM
    • Salem Media (NASDAQ:SALM) declares $0.065/share quarterly dividend, in line with previous.
    • Forward yield 4.59%
    • Payable Dec. 29; for shareholders of record Dec. 15; ex-div Dec. 11.
    | Dec. 1, 2015, 9:33 AM
  • 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
  • Nov. 2, 2015, 9:52 AM
    • Salem Media Group (SALM +0.5%) has acquired DividendYieldHunter.com, adding to its efforts to gather tools for dividend-focused investors. Editor Tim McPartland will continue to contribute to the site.
    • The move is another addition to the Christian/conservative media firm's Eagle Financial Publications unit. In July, it bought DividendInvestor.com.
    • The group also features EagleDailyInvestor.com and ETFU.com.
    • Previously: Salem Media Group buys dividend website (Jul. 06 2015)
    • Previously: Salem Media EPS of $0.14 (Aug. 05 2015)
    | Nov. 2, 2015, 9:52 AM
  • Sep. 1, 2015, 12:06 PM
    • Salem Media (NASDAQ:SALM) declares $0.065/share quarterly dividend, in line with previous.
    • Forward yield 4.18%
    • Payable Sept. 30; for shareholders of record Sept. 16; ex-div Sept. 14.
    | Sep. 1, 2015, 12:06 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
  • Jul. 6, 2015, 1:39 PM
    • Salem Media Group (SALM +0.5%) says it's acquired DividendInvestor.com, adding the website to its Eagle Financial Publications portfolio.
    • Eagle offers a set of newsletters and trading services, including commentary from investment experts and two other related financial websites.
    | Jul. 6, 2015, 1:39 PM | 2 Comments