secwatch.observer — SEC 8-K summary
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Issuer:     SALEM MEDIA GROUP, INC. /DE/ (SALM)
CIK:        0001050606
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0001193125-22-146167
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Salem Media Q1 revenue up 5.5% to $62.6M; net income rises 438% to $1.7M
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- Revenue $62.6M (+5.5% YoY); operating income $5.0M (+14.2%).
- Net income $1.7M ($0.06 diluted EPS) vs $0.3M ($0.01) in prior year.
- Broadcast revenue +10% to $48.4M; Station Operating Income -3.7% to $10.3M.
- Digital Media revenue +7.1% to $10.3M; operating income +93.1% to $1.8M.
- Q2 guidance: total revenue growth 6%-8% vs Q2 2021 revenue of $63.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050606/000119312522146167/0001193125-22-146167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050606/000119312522146167/d301530d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-146167

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