Salem Media Stock Price, News & Analysis

Salem Media Group (NASDAQ: SALM) has extended its agreement with Jennifer Horn, keeping her as the host of the popular 'Morning Answer Show' through 2024. Co-host Grant Stinchfield joins her, creating a dynamic team on AM 870 and AM 590. Programming Director Chuck Tyler praised their chemistry, stating they expertly cover serious issues with a fun approach. Both hosts expressed excitement about their partnership. Salem Media Group specializes in Christian and conservative content, reaching millions of dedicated listeners across the nation.

Salem Media Group (NASDAQ: SALM) will present at the virtual Q4 Investor Summit on November 17, 2021, at 1:00 P.M. Central Time. Investors can access the presentation via the company's investor relations website www.salemmedia.com. The Q4 Investor Summit connects smallcap companies with over 500 investors, including institutional and high net worth individuals. Salem Media is renowned for its Christian and conservative multimedia content, serving millions of engaged listeners and readers across the nation.

Salem Media Group (NASDAQ: SALM) reported its Q3 2021 results, showing a 8.8% increase in total revenue to $66.0 million compared to Q3 2020. Operating expenses decreased 10.2% to $50.2 million, leading to an operating income surge of 232.5% to $15.8 million. Net income skyrocketed 6,615.5% to $22.1 million, or $0.81 per diluted share. Year-to-date figures also reflected growth, with total revenue up 10.1% to $189.1 million. The company anticipates Q4 revenue growth of up to 2% compared to last year.

Salem Media Group, Inc. (NASDAQ: SALM) will announce its third quarter 2021 financial results on November 4, 2021, after market close. A teleconference will follow at 4:00 P.M. Central Time for discussing the results. Interested parties can join by dialing (877) 524-8416 or through a webcast. A replay will be available until November 18, 2021. Salem Media specializes in Christian and conservative content, reaching millions through its various media properties.

Salem Media Group (NASDAQ: SALM) announced the launch of the Doug Collins Podcast on October 25. Hosted by former Congressman Doug Collins, the podcast aims to equip conservatives with insights into various topics from politics to personal advice. Collins, who served from 2013 to 2021 and was the Ranking Member on the U.S. House Judiciary Committee, expressed enthusiasm for the show. The Salem Podcast Network, launched in 2021, has gained popularity, ranking 12th in America with over 13 million monthly downloads.

Salem Media Group (NASDAQ: SALM) participated in Noble Capital Markets’ C-Suite Interview Series, where management discussed the company's diversified approach and customer-first strategy. Key highlights include successful refinancing aimed at significant debt reduction and growth drivers such as Salem Now and Salem Podcast Networks. The interview featured CEO Edward Atsinger and other executives, touching on Larry Elder's influence on the company and the impact of Facebook's conversion data issues on the media landscape. The interview was recorded on September 29 and is available on Channelchek.

Salem Media Group (NASDAQ: SALM) announced its participation at the 14th Annual LD Micro Main Event, scheduled for October 13, 2021, at 4:00 P.M. Central Time. The event will showcase a new format designed to enhance engagement for executives and global investors. Salem Media, a leading multimedia company specializing in Christian and conservative content, invites stakeholders to view the presentation on its investor relations website prior to the event. LD Micro, acquired by SRAX, supports microcap companies through its innovative platform.

Salem Media Group (NASDAQ: SALM) announces the retirement of long-time radio personality Allan Dempsey after a 30-year career at WTLN in Orlando. Dempsey expressed his desire to explore new opportunities and deepen his spiritual journey. General Manager Tim Robisch commended Dempsey for his commitment to the Central Florida community, highlighting his 50 years in broadcasting and impactful contributions through various ministries. Salem Media Group continues to be a leading multimedia company focusing on Christian and conservative content.

Salem Media Group (NASDAQ: SALM) announced the retirement of Russ Hauth on October 22, 2021, after a 34-year tenure. Hauth, who served as SVP and led National News and Public Affairs, also directed Salem's Office of Government Relations. Nic Anderson, the Minneapolis General Manager, will assume Government Relations responsibilities, capitalizing on his experience and connections in the broadcasting community. Salem continues to position itself as a leader in Christian and conservative multimedia content, engaging millions of listeners and readers nationwide.