Salem Media Q2 FY26 net loss narrows to USD 3.41 million; revenue drops 15.2% to USD 45.93 million

Reuters2026/08/12 17:21

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Salem Media Group posted a Q2 net loss of USD 3.41 million, narrowing from USD 17.59 million a year earlier.
Revenue fell 15.2% to USD 45.93 million, reflecting USD 4 million lower digital revenue tied to a podcaster loss.
Operating loss narrowed to USD 4.41 million from USD 22.34 million, helped by lower selling, general and administrative expenses.
Non-GAAP adjusted EBITDA swung to a profit of USD 1.23 million from a loss of USD 1.07 million.
WaterStone agreed to acquire all common shares for USD 1 per share, with closing expected in August 2026 pending regulatory approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Salem Media Group Inc. published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Salem Media Q2 FY26 net loss narrows to USD 3.41 million; revenue drops 15.2% to USD 45.93 million

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