Salem Media Q2 FY26 net loss narrows to USD 3.41 million; revenue drops 15.2% to USD 45.93 million
SALM•Quarterly results narrow loss
Salem Media Group posted a Q2 net loss of USD 3.41 million, narrowing from USD 17.59 million a year earlier.
Revenue fell 15.2% to USD 45.93 million, reflecting USD 4 million lower digital revenue tied to a podcaster loss.
Operating performance improves
Operating loss narrowed to USD 4.41 million from USD 22.34 million, helped by lower selling, general and administrative expenses.
Non-GAAP adjusted EBITDA swung to a profit of USD 1.23 million from a loss of USD 1.07 million.
WaterStone acquisition agreement
WaterStone agreed to acquire all common shares for USD 1 per share, with closing expected in August 2026 pending regulatory approval.
