Salem Communications: Q4 Earnings Snapshot
By AP News
Published - Mar 08, 2023, 05:27 PM ET
Last Updated - Jun 22, 2023, 05:18 PM EDT
IRVING, Texas (AP) — IRVING, Texas (AP) — Salem Communications Corp. (SALM) on Wednesday reported a loss of $2.2 million in its fourth quarter.
The Irving, Texas-based company said it had a loss of 8 cents per share. Losses, adjusted for asset impairment costs and non-recurring costs, were 2 cents per share.
The multimedia company posted revenue of $68.8 million in the period.
For the year, the company reported a loss of $3.2 million, or 12 cents per share. Revenue was reported as $267 million.
