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Salem Media Group Inc (SALM.OQ)

SALM.OQ on NASDAQ Stock Exchange Global Market

6.95USD
22 May 2017
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Latest Key Developments (Source: Significant Developments)

Salem Media Group announces pricing of $255 million senior secured notes offering
Thursday, 11 May 2017 04:05pm EDT 

May 11 (Reuters) - Salem Media Group Inc :Salem Media Group announces pricing of $255 million senior secured notes offering.Salem Media Group Inc - Pricing of its previously announced offering of $255 million aggregate principal amount of 6.75% senior secured notes due 2024.Pricing of senior notes at an issue price of 100% of principal amount.  Full Article

Salem Media Group announces proposed offering of $255 mln of senior secured notes
Monday, 8 May 2017 09:28am EDT 

May 8 (Reuters) - Salem Media Group Inc :Salem media group announces proposed offering of $255 million of senior secured notes due 2024.Salem media group - together with borrowings under abl facility, co intends to use net proceeds of offering of notes to repay outstanding borrowings.Salem media group inc - expected that notes will be guaranteed on a senior secured basis by salem subsidiaries.  Full Article

Salem Media Group Q1 earnings per share $0.04
Monday, 8 May 2017 07:30am EDT 

May 8 (Reuters) - Salem Media Group Inc :Salem media group, inc. Announces first quarter 2017 total revenue of $65.0 million.Q1 revenue rose 0.6 percent to $65 million.Q1 earnings per share $0.04.Sees q2 2017 revenue down 1 to 3 percent.Salem media group inc qtrly net broadcast revenue decreased 1.9% to $47.8 million from $48.7 million.Salem media group inc qtrly same station net broadcast revenue decreased 1.6% to $47.6 million from $48.3 million.Q1 earnings per share view $0.08, revenue view $66.3 million -- Thomson Reuters I/B/E/S.  Full Article

Salem Media Group Q4 earnings per share $0.11
Thursday, 9 Mar 2017 04:05pm EST 

Salem Media Group Inc : Salem Media Group, Inc announces fourth quarter 2016 total revenue of $70.7 million . Q4 revenue rose 2.2 percent to $70.7 million . Q4 earnings per share $0.11 . Qtrly station operating income decreased 1.9% to $15.4 million from $15.7 million . Salem Media Group Inc - for Q1 of 2017, company is projecting total revenue to be between flat and an increase of 2% over q1 2016 . Q4 earnings per share view $0.15 -- Thomson Reuters I/B/E/S .Q4 revenue view $69.1 million -- Thomson Reuters I/B/E/S.  Full Article

Salem announces Louisville transaction with Word Broadcasting Network
Thursday, 22 Dec 2016 01:01pm EST 

Salem Media Group Inc: Salem announces Louisville transaction with Word Broadcasting Network . Salem Media Group Inc says has entered into an agreement with word broadcasting network to transfer operation of Salem's Louisville Stations .Agreement is scheduled to become effective January 3, 2017.  Full Article

Salem Media files for mixed shelf of up to $150 million
Thursday, 4 Aug 2016 04:25pm EDT 

Salem Media Group Inc : Files for mixed shelf of up to $150 million - sec filing . Announces sales of 1 million shares in aggregate of class a common stock by selling stockholders .In addition selling stockholders may offer and sell up to 1 million shares of co's class a common stock.  Full Article

Salem Media Group posts Q2 earnings per share $0.13
Thursday, 4 Aug 2016 04:05pm EDT 

Salem Media Group Inc : Salem Media Group, Inc announces second quarter 2016 total revenue of $67.8 million . Q2 revenue rose 1 percent to $67.8 million . Sees Q3 2016 revenue up 1 to 3 percent .Q2 earnings per share $0.13.  Full Article

Salem Media Group Inc's Luz Mundial acquires New Spanish Bible Study iPhone App
Friday, 16 Oct 2015 06:00am EDT 

Salem Media Group Inc's Luz Mundial:Says its division Luz Mundial acquired a Spanish-only Bible study iPhone app. To get the new app, visit LuzMundial.com.  Full Article

Salem Media Group Inc declares cash distribution
Tuesday, 1 Sep 2015 12:00pm EDT 

Salem Media Group Inc:Declares cash distribution for the second quarter of 2015 in the amount of $0.0650 per share.Payable on Sept. 30 to all Class A and Class B common stockholders of record as of Sept. 16.  Full Article

Salem Media Group Inc gives Q3 2015 revenue outlook below analysts' estimates
Wednesday, 5 Aug 2015 05:19pm EDT 

Salem Media Group Inc:Projects Q3 2015 total revenue to decrease 3% to 5% over Q3 2014 total revenue of $69.6 million.Q3 2015 revenue of $69.9 million - Thomson Reuters I/B/E/S.  Full Article

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