For the quarter, total revenue increased 4.4% to $60.1 million from $57.6 million. Total operating expenses decreased 5.4% to $50.8 million from $53.8 million. Net income increased 390.2% to $5.2 million, or $0.20 net income per diluted share, from a $1.8 million loss, or $0.07 net loss per share, in the prior year; EBITDA increased 99.2% to $13.0 million from $6.5 million; and Adjusted EBITDA increased 4.8% to $14.2 million from $13.6 million.
Net broadcast revenue increased 1.4% to $47.0 million from $46.4 million. Station operating income increased 2.1% to $16.2 million from $15.9 million. Same station net broadcast revenue increased 0.2% to $46.4 million from $46.3 million; same station SOI increased 1.9% to $16.2 million from $15.9 million; and same station SOI margin increased to 34.8% from 34.3%.
Internet revenue increased 23.3% to $9.9 million from $8.0 million; and Internet operating income increased 56.7% to $3.0 million from $1.9 million. Publishing revenue was unchanged at $3.2 million; and publishing operating income decreased to a $0.2 million loss from $0.2 million income.
For Q3, Salem is projecting total revenue to increase 0% to 2% over Q3 2012 total revenue of $56.7 million. The growth is impacted by strong political revenue of $1.5 million in Q3 2012. Excluding that revenue, Salem expects revenue to increase 3% to 5%. They are also projecting operating expenses before gains or losses on disposal of assets, impairment losses and stock-based compensation expense to increase 1% to 4% as compared to the Q3 2012 operating expenses of $47.4 million.
