Salem Media Group shares are trading lower after the company reported worse-than-expected Q2 EPS results.
Portfolio Pulse from Benzinga Newsdesk
Salem Media Group reported worse-than-expected Q2 earnings per share (EPS) results, leading to a drop in its share price.
August 09, 2023 | 2:10 pm
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Salem Media Group's Q2 EPS results were below expectations, causing a decrease in its stock price.
Earnings reports are a significant factor in a company's stock price. In this case, Salem Media Group's worse-than-expected Q2 EPS results have negatively impacted investor sentiment, leading to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100