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Salem Communications Corporation, through its subsidiaries, operates as a commercial radio broadcasting company in the United States. It owns and operates radio stations in metropolitan markets. The company operates radio business in formats, including Christian teaching and talk, contemporary Christian music, conservative news talk, and Spanish language Christian teaching and talk. It also owns and operates a national radio network that syndicates music, news, and talk to approximately 2,000 affiliated radio stations. In addition, the company provides online Christian content and streaming, as well as publishes Christian magazines and books targeting Christian audience. Further, it contracts with individual radio stations to sell air time to national advertisers. As of December 31, 2008, the company owned and operated 93 radio stations consisting of 27 FM stations and 66 AM stations. Salem Communications Corporation was founded in 1986 and is headquartered in Camarillo, California.

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Key Statistics

Closing Price	4.00
Volume	429529
Volume Avg	56743
52 Week High	4.14
52 Week Low	2.12
PE	16.86
PE (group average)	40
EPS Year	0.23
EPS change Q/Q	266.67%
EPS change Q/Q Yr ago	1000%
EPS change Q/Q next Q est	22.22%
EPS change Y/Y	1000%
REV change Q/Q	-4.25%
REV change Q/Q Yr ago	7.25%
EPS next Q est	0.09
EPS next Y est	0.55
Divident Annual	0.00
Dividend Yield	0%