The earnings call presented a mixed sentiment with notable achievements in political advertising and debt reduction but significant challenges in revenue declines across Cable TV, Digital, and Radio segments, along with increased net losses and subscriber churn.
Company Guidance
During Urban One's fourth quarter earnings call for fiscal year 2024, the company presented a mixed outlook for 2025, guiding to an adjusted EBITDA of $75 million, down from $103.5 million in 2024. This reduction is largely attributed to anticipated declines in political advertising and continued challenges in their radio segment, which saw a Q1 pacing decline of 13.6% but expected improvement to a 1.7% decline in Q2. The company highlighted a strong liquidity position with around $137 million in cash and emphasized ongoing cost containment efforts, including a 5% reduction in workforce, saving approximately $5 million annually. Cable TV faced headwinds with a 15.9% revenue decline in Q4, but churn is reportedly stabilizing. Urban One's strategy for 2025 focuses on cost containment and debt reduction, with $117 million in cash as of the call and significant debt repurchases in the past year, totaling around $160 million.
Political Advertising Boost
The company saw strong performance in political advertising, which significantly boosted Q4 adjusted EBITDA to $103.5 million.
Radio Broadcast Segment Growth
Net revenue for the Radio Broadcast segment was $47.7 million, an increase of 14.5% year-over-year.
Debt Reduction Strategy
The company repurchased $15.4 million of its 2028 notes, reducing the balance to $584.575 million at year-end. An additional $17 million was repurchased in January 2025.
Strong Liquidity Position
Urban One ended the year with approximately $137 million of cash on hand.
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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
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UONE Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Mar 27, 2025
$1.45
$1.47
+1.38%
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%
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 Inc (UONE) report earnings?
Urban One Inc (UONE) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Urban One Inc (UONE) earnings time?
Urban One Inc (UONE) earnings time is at May 08, 2025, TBA Not Confirmed.
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