Salem Communications: Q2 Earnings Snapshot

Salem Communications: Q2 Earnings Snapshot

IRVING, Texas (AP) — IRVING, Texas (AP) — Salem Communications Corp. (SALM) on Wednesday reported a loss of $17.6 million in its second quarter.

Creative Media & Community Trust: Q2 Earnings Snapshot

DALLAS (AP) — DALLAS (AP) — Creative Media & Community Trust Corporation (CMCT) on Tuesday reported a loss in a key measure in its second quarter.

Salem Media’s Q2 Financials Weighed Down by Impairment

Salem Media Group reported a steep second-quarter loss - but it comes with an asterisk. A one-time, non-cash accounting adjustment significantly skewed the bottom line as the company continues reshaping its strategy following the sale of its CCM portfolio.