NewzIRVING, Texas (AP) — IRVING, Texas (AP) — Salem Communications Corp. (SALM) on Wednesday reported a loss of $3.4 million in its second quarter. The Irving, Texas-based company said it had a loss of 11 cents per share.
The multimedia company posted revenue of $45.9 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SALM at https://www.zacks.com/ap/SALM Source
WANGJING, China (AP) — WANGJING, China (AP) — Phoenix New Media Ltd. (FENG) on Wednesday reported net income of $966,000 in its second quarter. The Wangjing, China-based company said it had profit of 8 cents per share.
Losses, adjusted for non-recurring gains, were 1 cent per share. The online media company posted revenue of $31.9 million in the period. Access a Zacks stock report on FENG at https://www.zacks.com/ap/FENG Source
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