Salem Media beats revenue estimates but misses on earnings per share
Salem Media Group beat analyst revenue estimates but missed earnings per share estimates when it reported first quarter earnings May 4. Salem Media Group, a Camarillo-based Christian and conservative radio operator, reported revenues of $64.6 million, up from $61.9 million in 2015, which topped analyst estimates of $63.43 million, according to S&P Capital IQ. Net Read More →
Camarillo’s Salem Media acquires Retirement Watch
Camarillo-based Christian and conservative radio operator Salem Media Group acquired RetirementWatch.com and Retirement Watch newsletter on April 4. Salem announced the deal just before markets opened. Retirement Watch offers independent research and advice about retirement planning. The site provides information about the financial aspects of retirement planning: investments, Social Security and estate planning, among others. Read More →
