Salem Media Q1 FY26 net loss narrows to $2.57 million; revenue falls 11.2% to $45.89 million
Salem Media Group, Inc. Class A
Salem Media Group, Inc. Class A SALM | 0.00 |
- Salem Media Group posted a net loss of USD 2.57 million for Q1 2026, narrowing from USD 7.13 million a year earlier, while revenue fell 11.2% to USD 45.89 million.
- Operating loss narrowed to USD 2.5 million from USD 9.31 million, as selling, general and administrative expense dropped to USD 41.74 million from USD 51.43 million.
- Net cash used in operating activities improved to USD 1.55 million from USD 2.83 million, while cash paid for capital expenditures held near USD 1.82 million.
- Salem said it entered a definitive agreement on May 12, 2026 to be acquired by WaterStone in a go-private deal valuing common stock at USD 1 per share, with closing expected in August 2026.
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 May 13, 2026, and is solely responsible for the information contained therein.