SALEM COMMUN CP CL A
			Symbol			SALM

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

Salem Communications Announces Third Quarter 2009 Total Revenue of $48.9 Million

2009-11-05 16:30 ET - News Release

CAMARILLO, CA -- (MARKET WIRE) -- 11/05/09

Salem Communications Corporation (NASDAQ: SALM), a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values, released its results for the three and nine months ended September 30, 2009.

Third Quarter 2009 Results

For the quarter ended September 30, 2009 compared to the quarter ended September 30, 2008:

Consolidated

-- Total revenue decreased 10.2% to $48.9 million from $54.4 million;
-- Operating expenses decreased 20.8% to $54.4 million from
   $68.7 million;
-- Operating expenses excluding impairment of goodwill and indefinite-
   lived assets and gain or loss on disposal of assets decreased 16.6%
   to $40.2 million from $48.2 million;
-- Operating loss from continued operations was $5.5 million in the
   current quarter as compared to $14.2 million in the prior year;
-- Net loss was $4.6 million, or $0.19 net loss per share, as compared
   to $11.0 million, or $0.47 net loss per share;
-- EBITDA was a loss of $0.2 million for the quarter as compared to a
   loss of $9.7 million in the prior year; and
-- Adjusted EBITDA decreased 2.3% to $12.5 million from $12.7 million.

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.