Salem Media Group, Inc. Announces Fourth Quarter 2019 Total Revenue of $64.6 Million
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Salem Media Group (SALM) Misses Q4 EPS by 12c, Revenues Beat; Offers Q1 Revenue Guidance Below Consensus
March 12, 2020 4:17 PM EDTSalem Media Group (NASDAQ: SALM) reported Q4 EPS of ($0.12), $0.12 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $64.6 million versus the consensus estimate of $63.61 million.
Total revenue decreased 3.8% to $64.6 million from $67.2 million;Total operating expenses decreased 0.9% to $63.0 million from $63.5 million;Operating expenses, excluding gains or losses on the disposition of... More