Welcome to our dedicated page for Urban One news (Ticker: UONE), a resource for investors and traders seeking the latest updates and insights on Urban One stock.
Urban One, Inc. (UONE) is a leading multimedia company delivering culturally resonant content to Black American and urban audiences through radio, television, and digital platforms. This page provides investors and stakeholders with a centralized hub for all official announcements, financial updates, and strategic developments.
Access timely earnings reports, partnership announcements, and programming initiatives that reflect Urban One’s role in shaping media narratives. Track updates across its four core segments: Radio Broadcasting, Reach Media syndication, digital platforms like iOne Digital, and Cable Television operations including TV One.
This resource eliminates the need to scour multiple sources by aggregating verified news about leadership changes, content expansions, and market strategies. Discover how Urban One continues to innovate in urban media while maintaining its 35-year legacy of cultural advocacy.
Bookmark this page for streamlined access to press releases and articles that matter most to UONE investors. Check back regularly for insights into the company’s evolving multimedia ecosystem and its impact on the communities it serves.
Urban One (NASDAQ: UONEK; UONE) has announced its upcoming First Quarter 2025 earnings conference call, scheduled for Tuesday, May 13, 2025, at 10:00 a.m. EDT. The call will discuss the company's financial results for Q1 2025.
Participants can join via:
- U.S. toll-free: +1-888-596-4144
- International: +1-646-968-2525
- Access Code: 7968738
A replay will be available from 2:00 p.m. EDT May 13 until 11:59 p.m. EDT May 20, 2025, accessible through:
- U.S. replay: +1-800-770-2030
- International replay: +1-609-800-9909
Urban One (NASDAQ: UONEK, UONE) reported Q4 2024 results with net revenue of $117.1 million, down 2.7% year-over-year. The company posted an operating loss of $1.9 million compared to operating income of $6.8 million in Q4 2023.
Key financial metrics include:
- Net loss of $35.7 million or $(0.78) per share
- Adjusted EBITDA of $26.9 million
- Radio Broadcasting revenue increased by $6.0 million to $47.7 million
- Cable Television revenue decreased by $7.5 million to $39.8 million
The company repurchased $15.4 million of its 2028 Notes at 69.8% of par, reducing the outstanding balance to $584.6 million. Additionally, Urban One repurchased 1,386,544 shares of Class A Common Stock at $1.50 per share and 703,292 shares of Class D Common Stock at $1.02 per share during Q4 2024.
Urban One (NASDAQ: UONEK; UONE) has announced its upcoming Fourth Quarter 2024 results conference call, scheduled for Thursday, March 27, 2025, at 10:00 a.m. EDT. U.S. participants can join via toll-free number +1-888-596-4144, while international callers can dial +1-646-968-2525, using Access Code 3407726.
A replay of the conference call will be available from 2:00 p.m. EDT March 27 until 11:59 p.m. EDT April 3, 2025. The replay can be accessed via +1-800-770-2030 (U.S.) or +1-609-800-9909 (international) using the same access code. Additionally, both live audio and replay will be accessible on Urban One's website at www.urban1.com, with the replay available for seven days post-call.
Urban One reported Q3 2024 financial results with net revenues of $110.4 million, down 6.3% year-over-year. The company posted an operating loss of $26.2 million, improved from a $56.1 million loss in Q3 2023. Net loss was $31.8 million or $(0.68) per share. Radio division saw -7.7% same-station decline excluding political ads, while Cable TV experienced double-digit decreases in both advertising and affiliate revenues. Digital advertising dropped 4.1%. The company ended Q3 with $115.5 million in cash and equivalents, after repurchasing $14.5 million of 2028 notes at 75.0%.
Urban One has announced a Local Management Agreement with La Mega Media and Lazo Media to expand Spanish-language programming across Ohio markets and Indianapolis. The company will operate stations under the La Mega brand in Cleveland, Columbus, Cincinnati, and Indianapolis, effective November 1, 2024. Claudia DeLeon, former COO of La Mega Media, has been appointed VP, General Manager of the Cleveland market and Head of Spanish Broadcast Operations. The company will broadcast on specific frequencies in each market and discontinue the La Grande brand. Urban One now operates Spanish-speaking radio stations in these markets, alongside Telemundo television affiliates in Columbus and Indianapolis.
Urban One announced the retirement of David Kantor, CEO of its audio division, effective January 5, 2025. He will be succeeded by Eddie Harrell, Jr. and Deon Levingston as co-presidents of the Audio Division. Kantor, who joined Urban One in 2005, has been instrumental in the division's syndication growth, expansion into podcasting, and acquisition of stations in key markets. During his tenure, Reach Media grew to over 312 affiliate stations in 94 markets, reaching 94% of the U.S. African American population. Harrell and Levingston, both current Regional Vice Presidents and General Managers, will co-lead the Audio Division starting in 2025.
Urban One (NASDAQ: UONEK; UONE) has announced its upcoming Third Quarter 2024 earnings conference call, scheduled for Thursday, November 7, 2024 at 10:00 a.m. EST. Investors and analysts can participate using toll-free numbers for U.S. callers (1-877-226-8189) or international callers (+1 409-207-6980) with Access Code 5487822. A replay will be available from 1:00 p.m. EST November 7 until November 14, accessible via phone and the company's website at www.urban1.com for seven days after the call.
Urban One has announced a correction to its Third Quarter 2024 Results Conference Call schedule. The call will now take place on Tuesday, November 12, 2024, at 10:00 a.m. EST, instead of the previously announced November 7 date.
Investors and analysts can participate using the toll-free number 1-877-226-8189 for U.S. callers or (+1) 409-207-6980 for international callers, with Access Code 5487822. A replay will be available from 1:00 p.m. EST November 12 until 12:00 a.m. EST November 19, accessible via 1-866-207-1041 (U.S.) or (+1) 402-970-0847 (international) with replay Access Code 3607803. The audio and replay will also be available on www.urban1.com for seven days after the call.
Urban One reported its Q2 2024 results, showing a 9.2% decrease in net revenues to $117.7 million compared to Q2 2023. The company reported an operating loss of $60.4 million, down from $9.7 million operating income in Q2 2023. Broadcast and digital operating income fell 27.7% to $34.2 million. Net loss was $45.4 million or $(0.94) per share, compared to net income of $70.4 million or $1.48 per share in Q2 2023. Adjusted EBITDA decreased to $28.4 million from $37.5 million last year.
CEO Alfred C. Liggins III noted improvements in national radio revenues offset by weaker local revenues. Q3 core radio revenue is pacing down 6.9% same-station, but up 7.0% overall including political advertising. The cable TV business faces subscriber churn and audience delivery challenges. Urban One repurchased $35.5 million of 2028 notes at 78.0% and ended Q2 with $132.4 million in cash.
Urban One, Inc. (NASDAQ: UONEK; UONE) has announced a conference call to discuss its second quarter 2024 financial results. The call is scheduled for Thursday, August 8, 2024, at 10:00 a.m. EDT. U.S. callers can dial toll-free 1-897-226-8189, while international callers can dial (+1) 409-207-6980. The Access Code is 9822633.
A replay of the conference call will be available from 5:00 p.m. EDT August 8, 2024, until 12:00 a.m. EDT August 15, 2024. The replay Access Code is 1733886. Live audio and a replay will also be accessible on Urban One's corporate website at www.urban1.com for seven days after the call.
