Recap: Salem Media Group Q1 Earnings

Salem Media Group SALM reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Salem Media Group missed estimated earnings by 58.33%, reporting an EPS of $-0.19 versus an estimate of $-0.12.

Revenue was up $880 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 15.94% drop in the share price the next day.

To track all earnings releases for Salem Media Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.