Salem Revenues Up For Q3

[Colorado Media Newsroom]

From All Access:



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.



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