LOGO
LOGO

Corporate News

Urban One Q2 Profit Climbs, Adj. EBITDA Down

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Media company Urban One, Inc. (UONE) reported Thursday that its second-quarter net income attributable to stockholders surged to $70.37 million from last year's $16.29 million.

Earnings per share were $1.39, up from last year's $0.30.

Adjusted EBITDA, meanwhile, dropped to $37.50 million from $47.51 million a year ago.

Revenue for the quarter was $129.65 million, higher than prior year's $118.66 million.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19