Company profile

Ticker
SALM
Exchange
CEO
Edward G. Atsinger
Employees
Incorporated in
Location
Fiscal year end
Former names
Salem Communications Corp
SEC CIK
IRS number
770121400

SALM stock data

(
)

Calendar

12 Nov 19
13 Dec 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 64.12M 64.68M 60.47M 67.19M
Net income -20.01M -3.64M 322K -3.06M
Diluted EPS -0.75 -0.14 0.01 -0.11
Net profit margin -31.20% -5.63% 0.53% -4.55%
Operating income -14.49M 5.6M -984K 3.68M
Net change in cash -2K 5K -113K 100K
Cash on hand 7K 9K 4K 117K
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 262.78M 263.74M 274.32M 265.79M
Net income -3.19M 24.64M 8.87M 11.15M
Diluted EPS -0.12 0.94 0.34 0.43
Net profit margin -1.21% 9.34% 3.23% 4.20%
Operating income 16.97M 22.97M 28.08M 33.02M
Net change in cash 114K -127K 32K 65K
Cash on hand 117K 3K 130K 98K

Financial data from Salem Media earnings reports

Financial report summary

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Management Discussion
  • Block programming revenue declined by $1.1 million including a $0.8 million decline in local programming revenue and a $0.3 million decline in national programming revenue. Declines in local programming revenue include a $0.4 million decrease from our Christian Teaching and Talk format radio stations, a $0.2 million decrease from our News Talk format radio stations and a $0.1 million decrease from our Business format radio stations. The declines were due to the impact of stations that we no longer operate and program cancellations, including certain programs discontinuing their ministry efforts and due to what we believe is increased competition from other broadcasters and podcasts. Declines in national programming revenue, also resulting from an increase in competition from other broadcasters, include a $0.2 million decrease from our Christian Teaching and Talk format radio stations and a $0.1 million decrease from our Business format radio stations.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: adding, Antonio, benchmark, Cleveland, Colorado, driven, facilitating, Georgia, Houston, Kentucky, loyalty, Meter, Missouri, Ohio, Pecaro, phaseout, Philadelphia, prevalent, publicly, Rule, scheduled, St, stabilization, Subtopic, trend, trending, WACC
Removed: half, long, utilization