---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-236304"
form_type: "8-K"
ticker: "SALM"
cik: "0001050606"
company_name: "SALEM MEDIA GROUP, INC. /DE/"
filed_at: "2021-08-04T23:59:59+00:00"
generated_at: "2026-06-29T22:18:36.269813+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Salem Media Q2 revenue $63.8M (+20.6%); net income $2.3M vs loss; Q3 guidance up 2-4%

## Summary
- Net income of $2.3M ($0.08 diluted EPS) vs net loss of $2.5M ($0.09 loss) in Q2 2020.
- Broadcast SOI up 66.6% to $10.6M; digital media operating income up 11.8% to $2.0M.
- Q3 2021 total revenue projected up 2-4% YoY; ex-political & film revenue up 9-11%.
- Sold 34 acres in Lewisville, TX for $12.1M cash; acquired KDIA-AM/KDYA-AM for $0.6M.
- PPP loans of $11.2M forgiven except $20k during July 2021.

## SEC filing metadata
- accession: 0001193125-21-236304
- form_type: 8-K
- ticker: SALM
- cik: 0001050606
- company_name: SALEM MEDIA GROUP, INC. /DE/
- filed_at: 2021-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050606/000119312521236304/0001193125-21-236304-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050606/000119312521236304/d109453d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-236304
- JSON: https://secwatch.observer/filing/0001193125-21-236304.json
- Plain text: https://secwatch.observer/filing/0001193125-21-236304.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.