Salem Stock Sinks On Q2 Earnings Miss


Salem Media GroupĀ literally had nothing to say with respect to its Q2 2018 financial results, released to the public following the close of U.S. stock markets on Wednesday.

It didn’t have to, as the numbers said it all: Total revenue was flat as the company swung from net income to a net loss. These results weren’t good enough for Wall Street or investors, and Salem shares sunk.

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