Salem Communications: 1Q Earnings Snapshot

Salem Communications: 1Q Earnings Snapshot

In this article:

CAMARILLO, Calif. (AP) _ Salem Communications Corp. (SALM) on Friday reported first-quarter profit of $322,000.

The Camarillo, California-based company said it had net income of 1 cent per share.

The multimedia company posted revenue of $60.5 million in the period.

The company's shares closed at $2.05. A year ago, they were trading at $3.50.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SALM at https://www.zacks.com/ap/SALM

Advertisement