Urban One, Inc. Reports First Quarter Results

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Go back to Urban One, Inc. Reports First Quarter Results

Urban One, Inc. (UONEK) Reports Q1 Loss of $0.51

May 28, 2020 6:50 AM EDT

Urban One, Inc. (NASDAQ: UONEK) reported Q1 EPS of ($0.51), versus ($0.07) reported last year. Revenue for the quarter came in at $94.88 million, versus $98.45 million reported last year.

Alfred C. Liggins, III, Urban One's CEO and President stated, "We got off to a great start to the year, with robust political advertising pushing same station revenues to +3.2% and +13.2% for January and February respectively. Then the impact of... More