Welcome to our dedicated page for Urban One news (Ticker: UONEK), a resource for investors and traders seeking the latest updates and insights on Urban One stock.
Urban One, Inc. (NASDAQ: UONEK) generates a steady flow of news as a diversified media company focused on Black Americans and urban consumers in the United States. News about Urban One often centers on its financial performance, capital structure decisions and developments across its television, radio, digital and syndicated audio segments.
Regular earnings releases provide detail on net revenue, operating income or loss, broadcast and digital operating income and Adjusted EBITDA for the Radio Broadcasting, Reach Media, Digital and Cable Television segments. These updates also describe trends in areas such as core radio advertising, cable TV advertising, affiliate revenue, digital advertising demand and segment-level performance.
Urban One’s news flow also includes announcements related to its debt and capital management. In 2025, the company reported repurchases of portions of its 7.375% senior secured notes due 2028 and launched offers to exchange these notes for new senior secured notes, purchase a portion of the existing notes for cash and issue new first lien senior secured notes. Related press releases describe the structure of these offers, participation levels and associated consent solicitations to amend the existing notes indenture.
Beyond financial and capital markets updates, Urban One issues news on research and cultural initiatives. For example, the company announced its Cultural ROI Study, “Influence to Impact: Black Culture’s Role in Brand Growth,” which examines Black cultural influence and brand trust. Investors and observers following UONEK news can expect coverage of quarterly results, conference call schedules, debt transactions, governance developments and research efforts tied to the company’s focus on Black and urban audiences.
Urban One, Inc. (NASDAQ: UONEK; UONE) announced a definitive asset purchase agreement with Emmis Communications to acquire its Indianapolis Radio Cluster, which includes stations WYXB, WLHK, WIBC, and others. The acquisition is deemed accretive and expected to enhance Urban One's portfolio. In preparation, Urban One plans to divest its WHHH station. Both transactions require FCC approval, anticipated to close in Q3 2022. Urban One operates the largest media company targeting Black Americans in the U.S., with significant assets in radio, television, and digital platforms.
Urban One reported Q1 2022 results showing net revenue of $112.3 million, a 22.9% increase year-over-year. Operating income rose to $36.5 million, compared to $23.8 million in Q1 2021. The company achieved a net income of $16.4 million or $0.32 per share, up from $7,000 the previous year. Adjusted EBITDA also increased to $42.0 million, a 38.9% growth from Q1 2021. Digital revenues surged by 49.5%, and cable TV advertising rose by 46.9%. The company maintains a cash balance of $166.4 million and reduced net leverage to 4.07x.
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.