Salem Media reports $55M loss as revenue drops

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By Staff Report / Monday, June 1st, 2020 / Comments Off on Salem Media reports $55M loss as revenue drops

Salem Media Group on June 1 reported a $55.2 million loss for the quarter ended March 31 as revenue declined slightly to $58.3 million. The loss, which amounted to $2.07 per share, included a number of one-time charges including asset impairments. Salem Media, based in  Camarillo, is one of the nation’s largest Christian radio networks…

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