SALM Salem Media Group, Inc.

All SALM filings Filing statistics SEC

Salem Media Group, Inc. engages in the provision of media specializing in Christian and conservative content. It operates through the following segments: Broadcast, Digital Media and Publishing. The Broadcast segment owns and operates radio stations in large metropolitan markets, which includes national and local programming content. The Digital Media segment provides content for audiences interested in Christian and family-themed content and conservative news and opinion. The Publishing segment comprises of book publishing, self-publishing services and print and digital magazines. The company was founded by Stuart W. Epperson and Edward G. Atsinger III in 1986 and is headquartered in Camarillo, CA.

Company profile

Ticker

SALM

Exchange

NASDAQ

Website

www.salemmedia.com

CEO

Edward G. Atsinger

Incorporated in

Delaware

Location

California

Fiscal year end

Dec 31

Sector

Consumer Services > Broadcasting

Industry (SEC)

Radio Broadcasting Stations

Sirius XM • Cumulus Media • Townsquare Media • Entercom Communications • Emmis Communications • Beasley Broadcast • Urban One • Saga Communications • Liberated Syndication • Spanish Broadcasting System ...

Former names

Salem Communications Corp

SEC CIK

0001050606

Corporate docs

Articles of Incorporation & Bylaws

IRS number

770121400

SALM stock data

S&P 500

1M 1Y 2Y 5Y

Company financial data Financial data

Chart SALM 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

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

From filing 10-Q 2019 Q3