Urban One, Inc. Reports Second Quarter Results

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Urban One, Inc. (UONEK) Reports Q2 EPS of $0.36, Revenues Rise 42%

August 5, 2021 8:13 AM EDT

Urban One, Inc. (NASDAQ: UONEK) reported Q2 EPS of $0.36, versus $0.03 reported last year. Revenue for the quarter came in at $107.6 million, versus $76.01 million reported last year.

Alfred C. Liggins, III, Urban One's CEO and President stated, "Overall we had an extremely strong second quarter; not only was Adjusted EBITDA up 82.4% year-over-year, but we also surpassed our Q2 2019 pre-pandemic Adjusted EBITDA. We are experiencing... More