Urban One: Q2 Earnings Snapshot
By AP News
Published - Aug 08, 2024, 10:18 AM ET
Last Updated - Aug 08, 2024, 10:18 AM EDT
LANHAM, Md. (AP) — LANHAM, Md. (AP) — Urban One Inc. (UONE) on Thursday reported a loss of $45.4 million in its second quarter.
The Lanham, Maryland-based company said it had a loss of 94 cents per share. Earnings, adjusted for one-time gains and costs, were 57 cents per share.
The broadcast media company that serves African-American and urban listeners posted revenue of $117.7 million in the period.
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