Colorado Media Newsroom
November 8th, 2012, 06:23 PM
From All Access:
42
SALEM COMMUNICATIONS third-quarter 2012 total revenue grew 4.1% to $56.7 million, with net broadcast revenue up 2.5% to $45.9 million (same station up 2.1% to $45.7 million) and Internet revenue increasing 16.7% to $7.8 million. Publishing revenue was flat at $3 million. Net income increased 126.8% to $3.4 million, or $0.13 per diluted share.
For the fourth quarter of 2012, SALEM projects a 3-5% increase in revenues.
more (http://www.allaccess.com/net-news/archive/story/112379/salem-revenues-up-for-q3?ref=rss)
42
SALEM COMMUNICATIONS third-quarter 2012 total revenue grew 4.1% to $56.7 million, with net broadcast revenue up 2.5% to $45.9 million (same station up 2.1% to $45.7 million) and Internet revenue increasing 16.7% to $7.8 million. Publishing revenue was flat at $3 million. Net income increased 126.8% to $3.4 million, or $0.13 per diluted share.
For the fourth quarter of 2012, SALEM projects a 3-5% increase in revenues.
more (http://www.allaccess.com/net-news/archive/story/112379/salem-revenues-up-for-q3?ref=rss)