Urban One

Urban One, Inc. is a multi-media company engaged in radio broadcasting that targets African-American and urban listeners. It operates through the following segments: Radio Broadcasting, Reach Media, Digital, and Cable Television. The Radio Broadcasting segment includes all the broadcasting related operations. The Reach Media segment consists of the Tom Joyner Morning Show and its related activities. The Digital segment focuses on its online business, including the operations of Interactive One. The Cable Television segment deals with TV One's operations. The company was founded by Catherine L. Hughes in 1980 and is headquartered in Silver Spring, MD.

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Earnings data Q4 2023

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q1 2025

Urban One meets EBITDA guidance, eyes growth through strategic investments

Urban One's Q4 performance was solid, with a focus on reducing leverage, strong revenue growth in radio and digital segments, and strategic investments. The company faces challenges in DEI advertising and margin pressures but has opportunities for growth through acquisitions and content optimization.

Urban One reports mixed Q2 performance, eyes gaming opportunities

Urban One's Q2 performance reflects revenue growth in radio and digital segments, offset by challenges in cable television.
The company's emphasis on debt reduction, cash management, and strategic investments underscores a commitment to financial stability and growth.
Exploring new opportunities in gaming and political advertising, alongside prudent financial management, positions Urban One for future success.
Balancing operational challenges with growth prospects, Urban One aims to navigate market dynamics and maintain a competitive edge.

Urban One reports mixed Q3 results, focuses on debt reduction

Urban One's Q3 performance reflects a mixed financial outcome with revenue declines and increased operating expenses, leading to a net loss for the quarter.
Despite challenges, the company's focus on debt reduction, strategic planning, and exploring growth opportunities signals a commitment to financial health and resilience.
Opportunities exist for Urban One to capitalize on strengths in Reach Media, address operational challenges, and drive long-term value creation for stakeholders.
Navigating the current financial landscape with a proactive approach to debt management and strategic decision-making will be crucial for Urban One's future success.

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Urban One, Inc. is a multi-media company, which engages in radio broadcasting that targets African-American and urban listeners. It operates through the following segments: Radio Broadcasting, Reach Media, Digital, Cable Television, and All Other-Corporate and Eliminations. The Radio Broadcasting segment includes all the broadcasting related operations. The Reach Media segment consists of the results of operations for the related activities and operations of the company’s syndicated shows. The Digital segment focuses on its online business, including the operations of Interactive One. The Cable Television segment deals with TV One and CLEO TV operations. The company was founded by Catherine L. Hughes in 1980 and is headquartered in Silver Spring, MD.

Urban One, Inc. (NASDAQ:UONE ) Q3 2024 Results Conference Call November 12, 2024 10:00 AM ET Company Participants Alfred Liggins - Chief Executive Officer Peter Thompson - Chief Financial Officer Operator Ladies and gentlemen, thank you for standing by and welcome to the Urban One 2024 Third Quarter Earnings Call. As a reminder, this conference is being recorded.

Urban One, Inc. (UONE) Q3 2024 Earnings Call Transcript

SILVER SPRING, Md. , Nov. 12, 2024 /PRNewswire/ -- Urban One, Inc. (NASDAQ: UONEK) (NASDAQ: UONE) today reported its results for the quarter ended September 30, 2024.

URBAN ONE, INC. REPORTS THIRD QUARTER 2024 RESULTS

SILVER SPRING, Md. , Nov. 1, 2024 /PRNewswire/ -- Urban One Inc. (NASDAQ: UONEK, UONE) has announced a Local Management Agreement (LMA) with La Mega Media, Inc., and Lazo Media LLC, taking a significant step to expand Spanish-language programming across its Ohio markets and into Indianapolis.

URBAN ONE TO EXPAND SPANISH LANGUAGE PROGRAMMING WITH LOCAL MANAGEMENT AGREEMENT WITH LA MEGA MEDIA AND LAZO MEDIA; CLAUDIA DELEON APPOINTED VP, GENERAL MANAGER OF ITS CLEVELAND MARKET AND HEAD OF SPANISH BROADCAST OPERATIONS

SILVER SPRING, Md. , Oct. 29, 2024 /PRNewswire/ -- Urban One today announced the retirement of media executive David Kantor, CEO of its audio division, Radio One and Reach Media, effective January 5, 2025.

URBAN ONE ANNOUNCES RETIREMENT OF RADIO DIVISION CEO DAVID KANTOR; EDDIE HARRELL, JR., AND DEON LEVINGSTON NAMED CO-PRESIDENTS OF THE AUDIO DIVISION

Urban One, Inc. (UNOE) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Alfred Liggins - Chief Executive Officer Peter Thompson - Chief Financial Officer Jody Drewer - Chief Financial Officer, TV One Conference Call Participants Dominic Laib - Stifel Hal Steiner - BNP Marlene Pereira - BOA James Barten - StoneX Operator Ladies and gentlemen, thank you for standing by, and welcome to Urban One's Second Quarter Earnings Call. All participants are in a listen-only mode, and this call is being recorded.

Urban One, Inc. (UNOE) Q2 2024 Earnings Call Transcript

THE LAUNCH BRINGS TV ONE'S AND CLEO TV'S CATALOG OF DIVERSE ENTERTAINMENT, INCLUDING TV SHOWS, MOVIES AND MORE, TO NOW TV CUSTOMERS THE LAUNCH BRINGS TV ONE'S AND CLEO TV'S CATALOG OF DIVERSE ENTERTAINMENT, INCLUDING TV SHOWS, MOVIES AND MORE, TO NOW TV CUSTOMERS

TV ONE NETWORKS ANNOUNCES TV ONE AND CLEO TV JOIN CHANNEL LINEUP ON XFINITY NOW TV

SILVER SPRING, Md., Aug. 8, 2024 /PRNewswire/ -- Urban One, Inc. (NASDAQ: UONEK and UONE) today reported its results for the quarter ended June 30, 2024.

URBAN ONE, INC. REPORTS SECOND QUARTER 2024 RESULTS

Urban One, Inc. (NASDAQ:UONE ) Q4 2023 and Q1 2024 Earnings Conference Call June 10, 2024 4:30 PM ET Company Participants Alfred Liggins - Chief Executive Officer Peter Thompson - Chief Financial Officer Conference Call Participants Hal Steiner - BNP Paribas Operator Welcome to Urban One's First Quarter Conference Call. During this conference call, Urban One will be sharing with you certain projections or other forward-looking statements regarding future events or its future performance.

Urban One, Inc. (UONE) Q4 2023 and Q1 2024 Earnings Call Transcript

WASHINGTON , June 10, 2024 /PRNewswire/ -- Urban One, Inc. (NASDAQ: UONEK and UONE) today reported its results for the year ended December 31, 2023 and for the three months ended March 31, 2024. For the year ended December 31, 2023 net revenue was approximately $477.7 million, a decrease of 1.4% from the same period in 2022.

URBAN ONE, INC. REPORTS YEAR END 2023 AND FIRST QUARTER 2024 RESULTS

Silver Spring, Md., June 07, 2024 (GLOBE NEWSWIRE) -- Today, Urban One, the largest Black owned media company in the country, received an astounding twenty-one wins are this year's 2024 Telly Awards, which represent the best in video and television across all screens.

URBAN ONE SCORES BIG AT THE 2024 TELLY AWARDS

SILVER SPRING, Md. , May 24, 2024 /PRNewswire/ -- Today, Urban One, Inc. (the "Company") reported that on May 23, 2024, the Company received a second letter (the "Second Nasdaq Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it was further non-compliant with Nasdaq Listing Rule 5250(c)(1) (the "Periodic Filing Rule") as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended March 31, 2024 (the "2024 Q1 Form 10-Q") with the United States Securities and Exchange Commission ("SEC").

Urban One, Inc. Receives Additional Delinquency Notification from Nasdaq

SILVER SPRING, Md. , April 12, 2024 /PRNewswire/ -- Today, Urban One, Inc. (NASDAQ: UONEK and UONE) (the "Company"), reported that on April 8, 2024 it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) (the "rule") as a result of not having timely filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the "2023 Form 10-K"), with the Securities and Exchange Commission ("SEC").

Urban One, Inc. Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)

MEMPHIS, Tenn.--(BUSINESS WIRE)--Radio One and Reach Media, the audio divisions of Urban One, Inc., joined forces with St. Jude to raise $1,553,247 nationally during the 17th annual St. Jude Children's Research Hospital® Radiothon on Feb. 29 and March 1. Over the past 17 years, the Urban One partnership has helped the children and families of St. Jude by raising $22 million during the St. Jude Urban Cares. “We are delighted with the success we had with our radiothon for St. Jude on our inspirat.

Urban One's inspirational stations raise $1.5 Million for St. Jude Children's Research Hospital

Urban One, Inc. (UNOE) Q3 2023 Earnings Call Transcript

WASHINGTON, Jan. 11, 2024 /PRNewswire/ -- Urban One, Inc. (NASDAQ: UONEK and UONE) today reported its results for the quarter ended September 30, 2023. For the quarter ended September 30, 2023 net revenue was approximately $117.8 million, a decrease of 2.8% from the same period in 2022.

URBAN ONE, INC. REPORTS THIRD QUARTER 2023 RESULTS

Urban One, Inc. (NASDAQ:UONE ) Q2 2023 Results Conference Call December 7, 2023 10:00 AM ET Company Participants Alfred C. Liggins - CEO Peter D.

Urban One, Inc. (UONE) Q2 2023 Earnings Call Transcript

Urban One (NASDAQ: UONEK ) just reported results for the second quarter of 2023. Urban One reported earnings per share of $1.39.

UONEK Stock Earnings: Urban One Reported Results for Q2 2023

Urban One (NASDAQ: UONE ) just reported results for the second quarter of 2023. Urban One reported earnings per share of $1.39.

UONE Stock Earnings: Urban One Reported Results for Q2 2023

WASHINGTON , Dec. 7, 2023 /PRNewswire/ -- Urban One, Inc. (NASDAQ: UONEK and UONE) today reported its results for both the quarter ended March 31, 2023 and the quarter ended June 30, 2023 as well as for the six month period ended June 30, 2023. For the six month period ended June 30, 2023 net revenue was approximately $239.5 million, an increase of 3.8% from the same period in 2022.

URBAN ONE, INC. REPORTS FIRST AND SECOND QUARTER 2023 RESULTS

SILVER SPRING, Md. , Nov. 20, 2023 /PRNewswire/ -- Today, Urban One, Inc. (the "Company") reported that it received an Additional Staff Delisting Determination (the "Additional Staff Determination") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), noting that the Company is now delinquent in filing its Form 10-Q for the period ended September 30, 2023 (the "Q3 2023 Form 10-Q") and that the additional delinquency may serve as a separate basis for the delisting of the Company's securities from Nasdaq.

Urban One, Inc. Receives Additional Nasdaq Staff Determination; Today Files Quarterly Reports for the Periods ended March 31, 2023 and June 30, 2023

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Urban One, Inc. faces potential delisting from Nasdaq after failing to file required financial reports. The company may also face securities litigation due to the delisting. Despite the challenges, Urban One has a strong revenue stream from political advertising campaigns targeting African Americans.

Urban One And Its Real Value

If you purchased or acquired securities in Urban One stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330  (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/UONE.

URBAN ONE INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Urban One To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Urban One stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330  (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/UONE.

URBAN ONE ONGOING INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Urban One To Contact Him Directly To Discuss Their Options

SILVER SPRING, Md. , Sept. 29, 2023 /PRNewswire/ -- Today, Urban One, Inc. (the "Company"), reported that it received a letter from the Listing Qualifications Department (the "Listing Department") of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that Nasdaq has initiated a process that could result in the delisting of the Company's securities from Nasdaq as a result of the Company not being in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule"), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the "SEC").

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