Salem Communications: Q1 Earnings Snapshot
By AP News
Published - May 09, 2023, 06:06 PM ET
Last Updated - Jun 21, 2023, 09:21 PM EDT
IRVING, Texas (AP) — IRVING, Texas (AP) — Salem Communications Corp. (SALM) on Tuesday reported a loss of $5.2 million in its first quarter.
On a per-share basis, the Irving, Texas-based company said it had a loss of 19 cents. Losses, adjusted for asset impairment costs, came to 13 cents per share.
The multimedia company posted revenue of $63.5 million in the period.
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