Industry WatchGun Laws And 2a
Salem Communications Reports $17.6 Million Q2 Loss
Multimedia firm posts adjusted earnings of 8 cents per share despite revenue decline
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✍️By ZRIntel Editorial Team📍Irving, Texas
IRVING, Texas Salem Communications Corp. (SALM) reported a Q2 loss of $17.6 million, or 55 cents per share. Adjusted earnings were 8 cents, with revenue of $54.1 million. As a major broadcaster in conservative media markets, Salems financial health can have downstream effects on firearms advertising reach and industry messaging.