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

9 Aug 19
19 Aug 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 64.68M 60.47M 67.19M 65.53M
Net income -3.64M 322K -3.06M 1.21M
Diluted EPS -0.14 0.01 -0.11 0.05
Net profit margin -5.63% 0.53% -4.55% 1.84%
Operating income 5.6M -984K 3.68M 6.28M
Net change in cash 5K -113K 100K 8K
Cash on hand 9K 4K 117K 17K
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
  • The net decline in block programming revenue of $0.8 million includes a $0.5 million decline in local programming revenue and a $0.3 million decline in national programming revenue. Declines in local programming revenue includes $0.1 million previously generated from stations we no longer operate(KCRO-AM andKOTK-AM, in Omaha, Nebraska) and the remainder due to program cancellations from certain programs discontinuing their ministry efforts and due to what we believe is increased competition from other broadcasters. The decline in national programming revenue includes a $0.2 million decrease from our Christian Teaching and Talk format radio stations impacted by the sale ofKCRO-AM in Omaha, Nebraska on October 31, 2018 and a $0.1 million decrease from our Business format radio stations. Business format program revenue is impacted by restrictions on the nature and type of content that can be placed to ensure compliance with securities rules and regulation.
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New words: absolute, Chicago, Denver, email, fell, Orlando, Parking, predetermined, pure, split, Steelehouse, surrender
Removed: announced, channel, comparted, Crux, remained