Brief: Salem Media Group Withdraws Q1 2020 Guidance Due To Impact Of Covid-19

Salem Media

26/03/2020 22:17

March 26 (Reuters) - Salem Media Group Inc  SALM.O :
    * SALEM MEDIA GROUP, INC. WITHDRAWS Q1 2020 GUIDANCE DUE TO
IMPACT
OF COVID-19
    * SALEM MEDIA - IS WITHDRAWING REVENUE & OPERATING EXPENSE
GUIDANCE FOR Q1 OF 2020 DUE TO GROWING SOCIAL & ECONOMIC IMPACT
OF COVID-19 PANDEMIC
    * SALEM MEDIA GROUP - BASED ON CURRENT INDICATIONS, CO
EXPECTS
TOTAL Q1 2020 REVENUE WILL BE LESS THAN PREVIOUSLY PROJECTED
    * SALEM MEDIA GROUP - IS IMPOSSIBLE TO PREDICT TOTAL IMPACT
THAT
PANDEMIC MAY HAVE ON CO'S BUSINESS

Source text for Eikon:  ID:nBw3qNN9Ra 
Further company coverage:  SALM.O 

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