Salem Media Group, Inc. (SALM)

OTCMKTS: SALM · Delayed Price · USD
0.240
-0.015 (-5.84%)
Jul 26, 2024, 1:31 PM EDT - Market closed
Market Cap 6.53M
Revenue (ttm) 261.57M
Net Income (ttm) -45.75M
Shares Out 27.22M
EPS (ttm) -1.68
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 7,496
Open 0.240
Previous Close 0.255
Day's Range n/a
52-Week Range 0.200 - 0.980
Beta 0.77
Analysts n/a
Price Target n/a
Earnings Date Mar 6, 2024

About SALM

Salem Media Group, Inc. operates as a multimedia company in the United States. It operates in three segments: Broadcast, Digital Media, and Publishing. The company owns and operates radio stations; offers programming to Christian and family-themed talk stations, music stations, and news talk stations; places advertising on Christian and talk formatted radio stations, and other commercial radio station formats; and operates Salem Podcast Network, a platform for conservative, political, news, and family-oriented podcasts. It also provides Christi... [Read more]

Industry Broadcasting
IPO Date Jul 1, 1999
Employees 1,436
Stock Exchange OTCMKTS
Ticker Symbol SALM
Full Company Profile

Financial Performance

In 2023, SALM's revenue was $258.65 million, a decrease of -3.11% compared to the previous year's $266.97 million. Losses were -$43.31 million, 1238.4% more than in 2022.

Financial Statements

News

Salem Media Group Announces Closing on the Sale of its Contemporary Christian Music Stations in Nashville and Honolulu

CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group Announces Closing on the Sale of its Contemporary Christian Music Stations in Nashville and Honolulu.

24 days ago - Business Wire

Salem News Channel Launches Over the Air in 55 Television Markets

CAMARILLO, Calif.--(BUSINESS WIRE)--Salem News Channel Launches Over the Air in 55 Television Markets.

6 weeks ago - Business Wire

Salem Media Statement

CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Statement.

2 months ago - Business Wire

Salem Media Group Announces the Sale of its Principal Office in Camarillo, CA

CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group Announces the Sale of its Principal Office in Camarillo, CA.

2 months ago - Business Wire

Salem Media Group Released its First Quarter 2024 Quarterly Report

CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group Released its First Quarter 2024 Quarterly Report.

2 months ago - Business Wire

Salem Radio Network Host Mike Gallagher Returns on the Air in Greenville

CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Radio Network Host Mike Gallagher Returns on the Air in Greenville.

3 months ago - Business Wire

Beth Bacall Joins Salem Music Network

CAMARILLO, Calif.--(BUSINESS WIRE)--Beth Bacall Joins Salem Music Network.

3 months ago - Business Wire

“Happy Women” Podcast with Jennifer Horn and Katie Gorka Launches on the Salem Podcast Network

CAMARILLO, Calif.--(BUSINESS WIRE)--“Happy Women” Podcast with Jennifer Horn and Katie Gorka Launches on the Salem Podcast Network.

3 months ago - Business Wire

Salem Radio Network Announces New Radio/TV Show Focused on Issues Facing the House of Representatives, Coming April 13th

CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Radio Network Announces new Radio/TV show focused on issues facing the House of Representatives, coming April 13th.

4 months ago - Business Wire

Salem Media Group has Released its Year-End 2023 Annual Report

CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group has Released its Year-End 2023 Financial Reporting Package.

4 months ago - Business Wire

Salem Media Group Announces Plan to Sell Its Contemporary Christian Music Stations in Nashville and Honolulu

CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group Announces Plan to Sell Its Contemporary Christian Music Stations in Nashville and Honolulu.

4 months ago - Business Wire

Top 3 Tech & Telecom Stocks That Are Preparing To Pump This Month - AMC Enter Hldgs (NYSE:AMC), Salem Media Group (NASDAQ:SALM)

The most oversold stocks in the communication services presents an opportunity to buy into undervalued companies.

Other symbols: AMCYY
6 months ago - Benzinga

Anderson Receives Corporate VP Stripes and Murphy Elevated to Twin Cities GM at Salem Media Group

IRVING, Texas--(BUSINESS WIRE)--Anderson Receives Corporate VP Stripes and Murphy Elevated to Twin Cities GM at Salem Media Group.

6 months ago - Business Wire

INSERTING and REPLACING Salem Media Group Announces Voluntary Delisting from the Nasdaq Global Market

IRVING, Texas--(BUSINESS WIRE)--Insert of four additional paragraphs after paragraph two. The updated release reads: SALEM MEDIA GROUP ANNOUNCES VOLUNTARY DELISTING FROM THE NASDAQ GLOBAL MARKET Salem...

7 months ago - Business Wire

Salem Media Group Announces Voluntary Delisting from the Nasdaq Global Market

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group, Inc. (the “Company”) (NASDAQ: SALM) announced today that it has given formal notice to the Nasdaq Stock Market of its intention to voluntarily delist...

7 months ago - Business Wire

Salem Media Group Announces New Revolving Credit Facility with Siena Lending Group

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Announces New Revolving Credit Facility with Siena Lending Group.

7 months ago - Business Wire

Salem Media Group Announces the Sale of Regnery Publishing

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group, Inc. (NASDAQ: SALM) announced today that it has reached an agreement with Skyhorse Publishing to sell Regnery Publishing. The company expects to clos...

7 months ago - Business Wire

Salem Media Group, Inc. Announces Third Quarter 2023 Total Revenue of $63.5 Million

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group, Inc. Announces Third Quarter 2023 Total Revenue of $63.5 Million.

9 months ago - Business Wire

Salem Media Group Schedules Third Quarter 2023 Earnings Release and Teleconference

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Schedules Third Quarter 2023 Earnings Release and Teleconference.

9 months ago - Business Wire

Salem Media Group Announces Partnership with Just The News

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Announces Partnership with Just The News.

9 months ago - Business Wire

Salem Media Group's La Nueva Poderosa 670 AM Partners with The Weather Channel en Español

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group's La Nueva Poderosa 670 AM Partners with The Weather Channel en Español.

10 months ago - Business Wire

Salem Media Group Announces Plan to Sell Its Salem Church Product Business

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Announces Plan to Sell Its Salem Church Product Business.

10 months ago - Business Wire

Salem Media Group Announces New Podcast with Dr. Joseph Casciani on the Senior Resource Podcast Network

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Announces New Podcast with Dr. Joseph Casciani on the Senior Resource Podcast Network.

11 months ago - Business Wire

Salem Media Announces New Kids Podcast with Rachael Groll of Hearing Jesus on the LifeAudio Podcast Network

IRVING, Texas--(BUSINESS WIRE)--Salem Media Announces New Kids Podcast with Rachael Groll of Hearing Jesus on the LifeAudio Podcast Network.

11 months ago - Business Wire

Salem Media Group Announces Plan to Sell Its Greenville Radio Stations

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Announces Plan to Sell Its Greenville Radio Stations.

1 year ago - Business Wire