Salem Media Group back in the black for first quarter
Salem Media Group announced growing revenue, declining costs and a reversal of last year’s losses when it released its first quarter financial earnings on May 6. The Irving, Texas-based conservative media company, which retains significant operations at its former headquarters in Camarillo, had $300,000 in net income for the quarter, or 1 cent per diluted Read More →
Read More →Salem reports profitable quarter, but loss for the full year
Salem Media Group reported a mixed bag of financial results for the fourth quarter and the full year of 2020 when it released its quarterly earnings report on March 4. The conservative media group recently moved its corporate headquarters from Camarillo to Irving, Texas, though it kept some operations in Camarillo. In 2020, Salem cut Read More →
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Salem Media Group faces new political landscape after Capitol riot
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Read More →Salem Media back in black after cost-cutting
Salem Media Group, a Camarillo-based owner of conservative radio stations and other media properties, had net income of 1 cent per share in the third quarter, digging the company out of the hole it was at the same time in 2019. In the third quarter of 2019, Salem posted a $20.0 million net loss, which Read More →
Read More →Revenue, net income down at Salem Media Group
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Read More →Salem Media Group’s net income keeps growing
Camarillo-based Salem Media Group reported on March 15 a big increase in net income for the quarter ended Dec. 31. The company’s net income grew to $22.4 million, or 85 cents per diluted share, compared to $3 million, or 11 cents per diluted share, for the fourth quarter of 2016. Its total operating expenses dropped Read More →
Read More →Salem Media Group has slight net loss for third quarter
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