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Article: Salem Corporation reports net income for three months ended June 30.
- Article from:
- PR Newswire
- Article date:
- August 15, 1990
CopyrightCOPYRIGHT 1990 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SALEM CORPORATION REPORTS NET INCOME FOR THREE MONTHS ENDED JUNE 30
MIAMI, Aug. 15 /PRNewswire/ -- Salem Corporation (AMEX: SBS) today reported net income for the three months ended June 30, 1990 of $337,000 or $.27 per share on gross revenues of $28,908,000. This compares to net income of $304,000 or $.24 per share on revenues of $29,834,000 during the same period in 1989.
Net income for the six months ended June 30, 1990 was $552,000 or $.42 per share on gross revenues of $53,932,000. This compares to net income of $746,000 or $.60 per share on revenues of $55,090,000 during the same period in 1989. Backlog at June 30, 1990 was $79.3 million as ...