Salem Media Group (SALM) to Release Quarterly Earnings on Tuesday

by · The Markets Daily

Salem Media Group (NASDAQ:SALM – Get Free Report) is expected to release its resultson Tuesday, August 11th. Analysts expect Salem Media Group to post earnings of $0.0150 per share and revenue of $60.50 million for the quarter.

Salem Media Group Price Performance

Shares of NASDAQ SALM traded up $0.00 during midday trading on Tuesday, hitting $0.97. 18,500 shares of the company’s stock were exchanged, compared to its average volume of 79,893. The firm’s fifty day simple moving average is $0.96 and its 200-day simple moving average is $0.65. The company has a market cap of $30.69 million, a PE ratio of -2.85 and a beta of -0.05. Salem Media Group has a twelve month low of $0.36 and a twelve month high of $0.99.

About Salem Media Group

(Get Free Report)

Salem Media Group is a U.S.-based media company that specializes in producing and distributing Christian and conservative content. The company operates a network of AM and FM radio stations, digital platforms, publishing divisions and live events designed to engage audiences seeking faith-based and culturally conservative perspectives. Salem’s content portfolio includes talk shows, sermon broadcasts, music programming and news segments that reflect its mission to inspire and inform listeners and readers across multiple channels.

In its radio division, Salem Media Group owns and programs more than 100 stations in leading U.S.

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