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, Inc. (NASDAQ: UONEK; UONE) will hold a conference call on May 05, 2022 at 10:00 a.m. EDT to discuss its first fiscal quarter of 2022 results. U.S. participants can call 1-877-226-8215, while international callers can reach (+1) 409-207-6982. A replay will be available from 2:00 p.m. EDT on May 05 until 12:00 a.m. EDT on May 09. Access to the call and the replay can also be found on Urban One's website at www.urban1.com.
Urban One, Inc. (NASDAQ: UONEK and UONE) reported solid financial results for Q4 2021, with net revenue of approximately $131 million, a 15.3% increase year-over-year. However, operating income fell to about $22.4 million, down 35% from 2020. The company achieved a net income of $6.6 million, translating to $0.13 per share, a decline from $0.58 per share in the previous year. Adjusted EBITDA reached $32.5 million, down 22%. Digital revenues rose 42.9%, marking annual digital revenue exceeding $50 million for the first time, highlighting robust demand despite increases in operational expenses.
On February 26, 2022, TV One will air The Soul of the Nation Gospel Concert, celebrating Black History Month. The event, showcasing performances by top Gospel artists like Tamela Mann and JJ Hairston, will feature First Lady Jill Biden's remarks. Hosted by Juan Winans, it will air on February 27 at 7 pm EST across TV One's digital platform and YouTube. This year marks the first partnership between TV One and the White House for this event, aiming to uplift and connect audiences worldwide through music and dialogue.
Urban One, Inc. (NASDAQ: UONEK; UONE) will hold a conference call on March 03, 2022, at 10:00 a.m. EST to discuss its fiscal year results for 2021. U.S. participants can join by calling 1-877-226-8215, with an international line at (+1) 409-207-6982. A replay will be available from 1:00 p.m. EST on the same day until 12:00 a.m. EST on March 07, 2022. The replay can be accessed at 1-866-207-1041 for U.S. callers and (+1) 402-970-0847 for international calls. More information is available on Urban One's website.
Urban One has announced the promotion of Laura Clark to Senior Vice President of Political and Governmental Sales. With over eight years at Urban One, Clark has driven sales across various platforms, targeting the African American community. Her leadership is expected to enhance revenues as the company gears up for the 2022 midterm elections. Urban One, the largest African American-owned multimedia provider, operates numerous broadcast stations and digital platforms, serving over 59 million households in the U.S.
Urban One announced the promotion of Colby Tyner to Senior Vice President of Programming for Radio One and Reach Media. Tyner, who has been with the company for over 20 years, previously served as Vice President of Programming, where he successfully increased ratings, procured talent, and launched popular radio shows. CEO David Kantor praised Tyner's significant contributions to the company's success in engaging listeners through quality content. Urban One targets Black Americans with its media platforms, including a network that reaches over 59 million households.
Urban One, Inc. (NASDAQ: UONEK and UONE) reported strong financial results for Q3 2021, with net revenue rising 21.3% to approximately $111.5 million. Broadcast and digital operating income increased to $49.1 million, an 11.2% rise, while operating income surged to $34.5 million from just $4 million in Q3 2020. The company achieved net income of $13.9 million or $0.27 per share, a turnaround from a loss of $12.8 million in the previous year. Adjusted EBITDA reached $42.7 million, reflecting robust demand for advertising across its platforms. Despite these gains, a proposed casino project was narrowly defeated in a local referendum.
On November 1, 2021, Radio One, part of Urban One, announced the launch of La Grande 101.5 FM WIZF HD-2 in Cincinnati, OH. This new Hispanic station will feature a mix of regional Mexican and tropical music, catering to the local Hispanic community. The expansion aligns with Radio One's strategy to provide advertising solutions to African American and Hispanic audiences, similar to its existing stations in Columbus and Indianapolis. The addition enhances their media footprint in the Cincinnati market, establishing it as a centralized provider for businesses targeting these demographics.
Urban One, Inc. (NASDAQ: UONEK; UONE) is set to hold a conference call on November 4, 2021, at 10:00 a.m. EDT to discuss its third fiscal quarter results. U.S. participants can join by calling 1-877-336-4436, while international callers can dial (+1) 234-720-6984. A replay will be accessible from 1:00 p.m. EDT on November 4 to 12:00 a.m. EDT on November 8, 2021. The live call and replay will also be available on Urban One's corporate website.
On October 21, 2021, Radio One and Reach Media, platforms of Urban One, Inc., introduced their virtual upfront experience titled Millions. Billions. Trillions. in collaboration with the Black-owned Dream Currency. This initiative emphasizes the buying power of the African American consumer. Radio One and Reach Media reach 31 million monthly listeners, covering 90% of the African American population. The partnership includes exclusive merchandise and aims to unite brands in promoting Black culture and consumer engagement.
