IRVING, Texas (AP) — IRVING, Texas (AP) — Salem Communications Corp. (SALM) on Tuesday reported a loss of $5.2 million in its first quarter.
On a per-share basis, the Irving, Texas-based company said it had a loss of 19 cents. Losses, adjusted for asset impairment costs, came to 13 cents per share.
The multimedia company posted revenue of $63.5 million in the period.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SALM at https://www.zacks.com/ap/SALM
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