Urban One ( (UONE) ) has released its Q1 earnings. Here is a breakdown of the information Urban One presented to its investors.
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Urban One, Inc., a leading diversified media company targeting Black Americans and urban consumers in the U.S., reported its financial results for the first quarter of 2025, reflecting a challenging period with notable declines in revenue and income. The company, which operates across radio broadcasting, cable television, and digital platforms, faced a decrease in net revenue to $92.2 million, an 11.7% drop from the same quarter in 2024. Operating income also saw a significant decline to $2.1 million from $12.9 million in the previous year, while the net loss stood at $11.7 million compared to a net income of $7.5 million in the prior year. Adjusted EBITDA fell to $12.9 million from $22.3 million, highlighting the impact of reduced advertising revenues across its segments. Despite the downturn, Urban One’s CEO, Alfred C. Liggins, III, emphasized the stabilization of cable TV ratings and the company’s focus on cost control and maintaining liquidity. The company reaffirmed its full-year guidance of $75 million in Adjusted EBITDA, indicating a cautious yet optimistic outlook for the remainder of the year.
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