CAMARILLO, Calif. (AP) _ Salem Communications Corp. (SALM) on Thursday reported a loss of $4.5 million in its fourth quarter.
The Camarillo, California-based company said it had a loss of 17 cents per share.
The multimedia company posted revenue of $64.6 million in the period.
For the year, the company reported that its loss widened to $27.8 million, or $1.05 per share. Revenue was reported as $253.9 million.
In the final minutes of trading on Thursday, the company's shares hit $1.10. A year ago, they were trading at $3.13.