Urban One ( (UONE) ) has released its Q3 earnings. Here is a breakdown of the information Urban One presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Urban One, Inc. is a diversified media company primarily targeting Black Americans and urban consumers in the United States, with operations spanning radio broadcasting, cable television, and digital media platforms. The company recently reported its third-quarter 2025 financial results, highlighting a net revenue of approximately $92.7 million, which marks a 16% decrease compared to the same period in 2024. Despite the revenue decline, Urban One managed to achieve an operating income of $2.5 million, a significant improvement from the $26.2 million operating loss reported in the previous year. However, the company still faced a net loss of $2.8 million, albeit a reduction from the $31.8 million loss in the prior year. Adjusted EBITDA also saw a decrease, standing at $14.2 million compared to $25.4 million in the third quarter of 2024. The company’s CEO, Alfred C. Liggins III, noted that the third-quarter results were softer than expected, with declines across various segments, including radio, digital, and cable TV. In response to the challenging market conditions, Urban One has adjusted its full-year guidance for Adjusted EBITDA to a range of $56.0 to $58.0 million, down from the previous estimate of $60.0 million. Looking ahead, Urban One remains focused on cost control, debt management, and liquidity, as it navigates the current market environment.