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Urban One (UONE)
:UONE
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Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.15Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 01, 2018
|% Change Since: -12.05%
|Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Negative
The earnings call presented a mixed picture. While there were efforts in debt reduction and stable political spending revenue forecasts, the company faced significant challenges with overall revenue decline, notably in the cable television segment, and a substantial net loss. The focus on reducing debt and managing political ad revenue is positive, but overshadowed by other operational declines and impairments.Company Guidance
During the Urban One Q3 2024 earnings call, the company provided guidance indicating continued challenges in the advertising market, with consolidated net revenues decreasing by 6.3% year-over-year to approximately $110.4 million. The radio broadcasting segment saw a slight decline in net revenue by 1.1% to $39.7 million. Total political spending was projected to be robust at approximately $20.5 million for the year. However, weakness in the Cable TV segment led to a modification of the year-end EBITDA guidance from $110 million to a range of $102 million to $105 million. The company also reported a net loss of approximately $31.8 million or $0.68 per share, compared to a net loss of $54.4 million or $1.20 per share in Q3 2023. Urban One repurchased $14.5 million of its 2028 notes, contributing to a net debt of approximately $485 million and a net leverage ratio of 4.68x. The year-end cash balance was expected to reach $140 million, reflecting the company's focus on debt reduction.Debt Reduction
The company repurchased $14.5 million of outstanding bonds at $0.75 on the dollar, continuing its strategy of reducing indebtedness.
Political Spending Revenue
Forecast for robust political spending revenue of approximately $20.5 million, contributing to stable revenue projections despite other challenges.
Radio Broadcasting Segment Performance
Net revenue for the radio broadcasting segment was $39.7 million, showing a relatively small decrease of 1.1% year-over-year.
Interest Expense Reduction
Interest expense decreased to approximately $11.6 million for Q3, down from $14 million last year due to the company's debt reduction strategy.
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UONE Earnings History
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
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UONE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $1.66 | $1.66 | 0.00% |
| Aug 08, 2024 | $1.96 | $2.24 | +14.29% |
| Jun 10, 2024 | $2.12 | $2.90 | +36.79% |
| Mar 06, 2024 | $3.21 | $2.44 | -23.99% |
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.
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FAQ
When does Urban One (UONE) report earnings?
Urban One (UONE) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Urban One (UONE) earnings time?
Urban One (UONE) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UONE EPS forecast?
Currently, no data Available
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