The earnings call presented a challenging quarter for Urban One, with significant revenue declines across multiple segments and a downward revision of the annual guidance. Despite efforts in operational cost reductions and debt buybacks, the overall financial performance was heavily impacted by external headwinds and internal adjustments, leading to increased net losses.
Company Guidance
During Urban One's 2025 Second Quarter Earnings Call, CEO Alfred C. Liggins announced a revision of the company's full-year guidance, lowering it from the original $75 million to $60 million due to industry headwinds. The call detailed a 22.2% year-over-year decline in consolidated net revenue to $91.6 million for the quarter ending June 30, 2025. The Radio Broadcast segment saw a 12.6% decrease in net revenue, while the Reach Media segment dropped 71.9%. The Digital segment experienced a 27.1% revenue decline, significantly impacted by the loss of a third-party audio streaming deal. Despite these challenges, the Cable TV segment reported a smaller 7.5% decline in revenue. Operating expenses overall decreased by 16.3%, largely due to the absence of an $8.4 million expense from the Reach cruise event in the previous year. The company also recorded a net loss of $77.9 million, or $1.74 per share, compared to a $45.4 million loss in the same quarter the previous year. Urban One repurchased $64 million of its 2028 notes, reducing its gross debt to approximately $492.3 million. The company's net debt stood at $406.6 million with an ending unrestricted cash balance of $85.7 million, resulting in a net leverage ratio of 5.14x.
Increase in Services and Financial Ad Categories
The largest ad category, services, increased by 23.4%, driven by legal firms and legal services, and financial category increased by 11.3%.
Operational Cost Reductions
Operating expenses, excluding depreciation and amortization, decreased by 16.3% from the prior year, primarily due to the absence of the Reach cruise event and reductions in corporate professional fees and payroll expenses.
Debt Reduction Efforts
The company repurchased $64 million of its 2028 notes at 51.8% of par, reducing the debt balance and lowering interest expenses. Interest expense decreased to $9.7 million from $12.4 million last year.
Urban One (UONE) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
UONE Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 13, 2025
$1.68
$1.61
-4.17%
May 13, 2025
$1.68
$1.64
-2.38%
Mar 27, 2025
$1.45
$1.47
+1.38%
Nov 12, 2024
$1.66
$1.66
0.00%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Urban One Inc (UONE) report earnings?
Urban One Inc (UONE) is schdueled to report earning on Nov 12, 2025, Before Open (Confirmed).
What is Urban One Inc (UONE) earnings time?
Urban One Inc (UONE) earnings time is at Nov 12, 2025, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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