Urban One Inc (UONEK)

URBAN ONE, INC. REPORTS FIRST QUARTER 2026 RESULTSMay 14, 2026 7:00 AM
PR Newswire (US) SILVER SPRING, Md., May 14, 2026 /PRNewswire/ -- Urban One, Inc. (NASDAQ: UONEK and UONE, referred to as, "Urban One," the "Company", "we", "our" and/or "us") today reported its results for the three months ended March 31, 2026. For the three months ended March 31, 2026, net revenue was approximately $77.7 million, a decrease of 15.8% from the same period in 2025. The Company reported operating loss of approximately $2.2 million for the three months ended March 31, 2026, compared to operating income of approximately $2.1 million for the three months ended March 31, 2025. Broadcast and digital operating income(1) was approximately $14.9 million for the three months ended March 31, 2026, a decrease of 35.4% from the same period in 2025. Net loss was approximately $3.1 million or $(0.69) per share (basic) for the three months ended March 31, 2026, compared to net loss of $11.7 million or $(2.64)(a) per share (basic) for the same period in 2025. Adjusted EBITDA(2) was approximately $4.7 million for the three months ended March 31, 2026, compared to approximately $12.9 million for the same period in 2025. Alfred C. Liggins, III, Urban One's CEO and President stated, "First quarter revenue was soft across all divisions, with TV down 18.5%, Digital down 33.5%, Radio down 6.4% and Reach Media dropped by 17.0%. We had budgeted for a down-quarter in our Radio and TV divisions, but not at Reach Media and Digital. The integration of Nielsen DASH data gave a boost to linear cable TV inventory, but combined with a weak scatter market, led to more commercial units being allocated to Direct Response advertising, at a lower average unit rate. Post DASH, prime C3 ratings 25-54 were up 49.0% from the fourth quarter and Total Day was up 35.0% from the fourth quarter. In Radio, our Miller Kaplan local Radio revenues were down 5.5% year-over-year vs the market 7.1% and national was down 8.2%, vs the market down 6.7%. Including local digital, first quarter Radio revenue was down 2.8%. We did approximately $1.0 million in gross political advertising in the first quarter and have another $1.0 million on the books for the second quarter. Radio second quarter is pacing down 2.6%. We are in a turnaround situation at Reach Media, where we continue to be impacted by a weak marketplace, key client attrition and sales team re-building. Digital also had a soft first quarter, driven by weak advertiser demand but second quarter is forecasted to be up, and there is optimism for the back half of the year based on the current sales pipeline. Our first quarter cashflow from operations was stronger than expected as we made a concerted effort to collect receivables, and we were helped by the fact that we prepaid a portion of the typical semi-annual cash interest payments in the fourth quarter as part of the debt refinancing transaction. We repurchased $4.3 million of 2028 Notes at 51.0% of par. We also repurchased $32.45 million of 2031 Second Lien Notes at 40.7% of par in the first quarter and an additional $23.46 million of 2031 Second Lien Notes in the second quarter at 42.0% of par. Year-to-date, that is a total reduction in long-term debt of $60.2 million for an annual interest savings of $4.6 million and an increase in short-term debt of $10.0 million, which is expected to be fully repaid by year-end. During the quarter and in April, we announced the acquisition of Dallas radio stations KKDA, KRNB and the disposition of KZMJ, and also the disposition of WLNK and WMXG in Charlotte. The combined net cash outflow upon closing is approximately $11.1 million, and the incremental pro-forma Adjusted EBITDA(2) is approximately $5.0 million on an annual basis. Our revised Adjusted EBITDA(2) guide for 2026 is approximately $60.0 million, of which $2.0 million relates to these transactions."
Three Months Ended March 31,
2026
2025
(unaudited)CONSOLIDATED STATEMENTS OF OPERATIONS(in thousands, except share data)NET REVENUE$                         77,651
$                        92,235OPERATING EXPENSES


Programming and technical, excluding stock-based
compensation30,005
30,598Selling, general and administrative, excluding stock-based
compensation43,483
50,105Stock-based compensation201
676Depreciation and amortization6,177
2,315Impairment of intangible assets—
6,443Total operating expenses 79,866
90,137Operating (loss) income(2,215)
2,098INTEREST AND INVESTMENT INCOME8
966INTEREST EXPENSE(4,407)
(10,924)GAIN ON RETIREMENT OF DEBT2,080
11,587OTHER (EXPENSE) INCOME, NET(8)
192(Loss) income before benefit from (provision for)
income taxes(4,542)
3,919BENEFIT FROM (PROVISION FOR) INCOME TAXES1,441
(15,658)NET LOSS(3,101)
(11,739)NET (LOSS) INCOME ATTRIBUTABLE TO NON-
CONTROLLING INTERESTS(22)
3NET LOSS ATTRIBUTABLE TO COMMON
STOCKHOLDERS$                         (3,079)
$                      (11,742)



Weighted-average shares outstanding - basic(3, a)4,449,258
4,442,165Weighted-average shares outstanding - diluted(4, a)4,449,258
4,442,165(a) Weighted-average shares outstanding used in the computation of basic and diluted net loss to common stockholders per share have been retroactively adjusted to reflect the 1-for-10 Reverse Stock Split that occurred on January 22, 2026.Detailed segment data for the three months ended March 31, 2026 and 2025 is presented in the following tables:
Three Months Ended
March 31, 2026
(in thousands, unaudited)
Consolidated
Radio
Broadcasting
Reach Media
Digital
Cable
Television
Corporate/
Eliminations/
OtherNET REVENUE$       77,651
$       30,536
$        4,860
$        6,788
$       36,032
$        (565)Less (add):










Programming and
technical30,005
11,606
3,083
3,040
12,446
(170)Sales and marketing23,816
10,518
1,643
4,627
7,403
(375)General and administrative19,667
6,641
735
488
3,239
8,564Add back:










Severance-related costs134
48
72
6


8Other costs359
—
—
—
—
359Adjusted EBITDA(2)$       4,656
$       1,819
$        (529)
$      (1,361)
$      12,944
$      (8,217) 
Three Months Ended
March 31, 2025
(in thousands, unaudited)
Consolidated
Radio
Broadcasting
Reach Media
Digital
Cable
Television
Corporate/
Eliminations/
OtherNET REVENUE$      92,235
$      32,610
$       5,853
$      10,212
$      44,193
$        (633)Less (add):










Programming and technical30,598
11,293
3,368
3,187
12,909
(159)Sales and marketing29,076
11,546
2,125
6,787
9,096
(478)General and administrative21,029
7,050
1,026
184
3,595
9,174Add back/(deduct):










Severance-related costs219
77
114
3
(1)
26Other costs1,106
50
1
1
—
1,054Adjusted EBITDA(2)$       12,857
$        2,848
$        (551)
$            58
$       18,592
$      (8,090) 
Three Months Ended March 31,
2026
2025
(unaudited)PER SHARE DATA - basic and diluted:(in thousands, except per share data)Net loss attributable to common stockholders (basic)(a)$                         (0.69)
$                          (2.64)Net loss attributable to common stockholders (diluted)(a)$                         (0.69)
$                          (2.64)



Broadcast and digital operating income(1)$                        14,864
$                         23,016Broadcast and digital operating income(1) reconciliation:


Net loss attributable to common stockholders$                       (3,079)
$                       (11,742)Add back/(deduct) certain non-broadcast and digital
operating income items included in net (loss) income:


Interest and investment income(8)
(966)Interest expense4,407
10,924(Benefit from) provision for income taxes(1,441)
15,658Corporate selling, general and administrative expenses(b)10,701
11,484Stock-based compensation201
676Gain on retirement of debt(2,080)
(11,587)Other expenses (income), net8
(192)Depreciation and amortization6,177
2,315Net (loss) income attributable to non-controlling
interests(22)
3Impairment of intangible assets—
6,443Broadcast and digital operating income(1)$                        14,864
$                         23,016



Adjusted EBITDA(2)$                         4,656
$                         12,857Adjusted EBITDA(2) reconciliation:


Net loss attributable to common stockholders$                       (3,079)
$                       (11,742)Interest and investment income(8)
(966)Interest expense4,407
10,924(Benefit from) provision for income taxes(1,441)
15,658Depreciation and amortization6,177
2,315EBITDA(2)6,056
16,189Stock-based compensation201
676Gain on retirement of debt(2,080)
(11,587)Other expense (income), net8
(192)Net (loss) income attributable to non-controlling
interests(22)
3Corporate costs359
747Severance-related costs134
219Impairment of intangible assets—
6,443Loss from ceased non-core businesses initiatives—
359Adjusted EBITDA(2)$                         4,656
$                         12,857(a) Weighted-average shares outstanding used in the computation of basic and diluted net loss to common stockholders per share have been retroactively adjusted to reflect the 1-for-10 Reverse Stock Split that occurred on January 22, 2026.(b) Corporate selling, general and administrative expenses consist of expenses associated with our corporate headquarters and facilities, including personnel as well as other corporate overhead functions. 
As of March 31,
2026
As of December 31,
2025
(in thousands)SELECTED CONSOLIDATED BALANCE SHEET DATA:
Cash and cash equivalents and restricted cash$      28,042
$      26,358Intangible assets, net(a)274,605
279,653Total assets573,403
592,994Total long-term debt, net412,110
429,742Total liabilities550,401
565,760Total stockholders' equity23,002
24,603Redeemable non-controlling interests(b)-
2,631(a) Intangible assets, net include Goodwill, net, Radio Broadcasting Licenses, net, Other Intangible Assets, net, and Current Portion of Launch Assets, net.(b) On February 25, 2026, Reach Media closed on the Put Interest increasing the Company's interest in Reach Media to 100.0%. Reach Media paid the last of the non-controlling interest shareholders approximately $1.3 million for the 5.4% interest. 
As of March 31,
2026
As of
December 31,
2025SELECTED LEVERAGE DATA:(in thousands)10.500% First Lien Senior Secured Notes due 2030(a)$      60,600
$      60,6007.625% Second Lien Secured Notes due 2031(a)258,572
291,0207.375% senior secured notes due February 2028(b)7,516
11,816Total principal outstanding on long-term debt326,688
363,436Less: Unamortized debt issuance costs(2,634)
(2,868)Add: Premium(c)88,056
69,174Long-term debt, net$     412,110
$     429,742(a) The 2030 First Lien Notes and 2031 Second Lien Notes pay interest semiannually on April 1 and October 1 of each year in arrears.(b) Subsequent to the effectiveness of the supplemental indenture on December 18, 2025, these notes are no longer secured. While these notes are styled as senior secured notes they are no longer secured by collateral. The 2028 Notes pay interest semiannually on February 1 and August 1 of each year in arrears.(c) The 2030 First Lien Notes and 2031 Second Lien Notes are accounted for under Accounting Standards Codification No. 470-60, Troubled Debt Restructurings by Debtors.During the three months ended March 31, 2026, the Company repurchased approximately $32.4 million of its 2031 Second Lien Notes at a weighted average price of approximately 40.7% of par. As the 2031 Second Lien Notes are accounted under Accounting Standards Codification No. 470-60, Troubled Debt Restructurings by Debtors, no gain was recorded. Instead, the Company recorded an additional premium of $19.3 million, which is included in long-term debt, net on the Company's consolidated balance sheets.During the three months ended March 31, 2026, the Company repurchased approximately $4.3 million of its 2028 Notes at a weighted average price of approximately 51.0% of par, resulting in a net gain on retirement of debt of approximately $2.1 million, included in the unaudited consolidated statement of operations.On December 18, 2025, the Company drew $10.0 million on the on the Current ABL Facility, which was repaid in the first quarter of 2026. In March 2026, the Company drew another $10.0 million on the Current ABL Facility with a six-month maturity at an interest rate of approximately 6.09%, which remains outstanding as of March 31, 2026. After giving effect to the $10.0 million drawdown and adjustments to account for the Borrowing Base, the Company's borrowing capacity was approximately $31.8 million as of March 31, 2026.The Company further made two separate draws of $5.0 million each for a total of $10.0 million in the second quarter of 2026, payable at an interest rate of approximately 6.75% and 6.01%, respectively. After giving effect to the outstanding $10.0 million drawdown, the additional $10.0 million drawdown in the second quarter of 2026 and adjustments to account for the Borrowing Base, the Company's borrowing capacity was approximately $22.0 million.Dispositions and AcquisitionsIn March 2026, the Company entered into an agreement to sell its WMXG and WLNK-FM radio broadcasting licenses in Charlotte, North Carolina along with the associated station assets from the Radio Broadcasting segment to unrelated third parties for approximately $0.7 million and $4.2 million respectively, pending approval by the Federal Communication Commission ("FCC"). We anticipate to complete the sale by the end of the second quarter of 2026. All stations will continue operating in their current format until the transaction receives FCC approval and closes.In April 2026, the Company entered into an agreement to acquire Service Broadcasting Group, LLC, including radio stations KKDA and KRNB in Dallas, Texas for $22.0 million. At the same time, the Company also entered into an agreement to sell radio station KZMJ to Fuzion Dallas, LLC for $6.0 million. The transactions include the transfer of each station's FCC license and related assets and are subject to approval by the FCC and other customary closing conditions. All stations will continue operating in their current format until the transaction receives FCC approval and closes.Cautionary Note Regarding Forward-Looking StatementsThis press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements represent management's current expectations and are based upon information available to Urban One at the time of this release. These forward-looking statements involve known and unknown risks, uncertainties, and other factors, some of which are beyond Urban One's control, which may cause the actual results to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially are described in Urban One's reports on Forms 10-K, 10-Q, 8-K and other filings with the Securities and Exchange Commission (the "SEC"). Urban One does not undertake any duty to update any forward-looking statements.For the three months ended March 31, 2026, we recognized approximately $77.7 million in net revenue compared to approximately $92.2 million during the three months ended March 31, 2025. These amounts are net of agency commissions. We recognized approximately $30.5 million of revenue from our Radio Broadcasting segment during the three months ended March 31, 2026, compared to approximately $32.6 million for the three months ended March 31, 2025, a decrease of approximately $2.1 million. This decrease was primarily driven by weaker overall market demand from the national and local advertisers. We recognized approximately $4.9 million of revenue from our Reach Media segment during the three months ended March 31, 2026, compared to approximately $5.9 million for the three months ended March 31, 2025, a decrease of approximately $1.0 million. This decrease was primarily driven by a decrease in national sales. We recognized approximately $6.8 million of revenue from our Digital segment during the three months ended March 31, 2026, compared to approximately $10.2 million during the three months ended March 31, 2025, a decrease of approximately $3.4 million. The decrease was primarily driven by the decrease in direct revenue streams revenue, reflecting reduced advertising spend from diversity, equity and inclusion-focused campaigns. We recognized approximately $36.0 million of revenue from our Cable Television segment during the three months ended March 31, 2026, compared to approximately $44.2 million during the three months ended March 31, 2025, a decrease of approximately $8.2 million. The decrease was primarily driven by the churn of subscribers and lower advertising sales.The following charts indicate the sources of our net revenues for the three months and year ended March 31, 2026:
Three Months Ended March 31,




2026
2025
$ Change
% Change







Net revenue:(in thousands, unaudited)

Radio advertising$       32,124
$       36,217
$      (4,093)
(11.3) %Political advertising900
150
750
*NMDigital advertising6,784
10,211
(3,427)
(33.6) %Cable Television advertising19,095
25,425
(6,330)
(24.9) %Cable Television affiliate fees16,877
18,717
(1,840)
(9.8) %Event revenues & other1,871
1,515
356
23.5 %Net revenue$       77,651
$       92,235
$    (14,584)
(15.8) %*NM - Not meaningfulOperating expenses, excluding depreciation and amortization, stock-based compensation, and impairment of goodwill and intangible assets, were approximately $73.5 million for the three months ended March 31, 2026, compared to approximately $80.7 million for the comparable period in 2025. Operating expenses were down by approximately 8.9%, driven mainly by revenue-related variable expenses such as programming, media monitoring, traffic acquisition costs, commissions, sales rep fees, as well as headcount related costs and third-party professional fees.Depreciation and amortization expense was approximately $6.2 million for the three months ended March 31, 2026, compared to approximately $2.3 million for the three months ended March 31, 2025, an increase of approximately $3.9 million. This increase is primarily driven by the Radio Broadcasting licenses amortization, which the Company started to amortize in the second quarter of 2025.Interest expense was approximately $4.4 million for the three months ended March 31, 2026, compared to approximately $10.9 million for the three months ended March 31, 2025, a decrease of approximately $6.5 million. This decrease was due to lower overall debt balances outstanding and lower effective interest rates. The Company recognizes interest expense using an effective interest rate of approximately 5.30% on the 2030 First Lien Notes, 1.63% on the 2031 Second Lien Notes and 7.71% on the 2028 Notes for the three months ended March 31, 2026. The effective interest rates on the 2030 First Lien Notes and 2031 Second Lien Notes differ from the contractual interest payment primarily as a result of the accounting for these debt instruments under Accounting Standards Codification No. 470-60, Troubled Debt Restructurings by Debtors.There was an approximately $2.1 million gain on retirement of debt for the three months ended March 31, 2026, compared to approximately $11.6 million for the three months ended March 31, 2025. During the three months ended March 31, 2026, the Company repurchased approximately $4.3 million of its 2028 Notes at an average price of approximately 51.0% of par, resulting in a net gain on retirement of debt of approximately $2.1 million. During the three months March 31, 2025, the Company repurchased approximately $28.2 million of its 2028 Notes at an average price of approximately 58.0% of par, resulting in a net gain on retirement of debt of approximately $11.6 million.For the three months ended March 31, 2026, we recorded a benefit from income taxes of approximately $1.4 million on the pre-tax loss of approximately $4.5 million resulting with an annual effective tax rate of 31.7%. For the three months ended March 31, 2025, we recorded a provision for income taxes of approximately $15.7 million on pre-tax income of approximately $3.9 million resulting with an annual effective tax rate of 399.5%, which includes $14.6 million of discrete tax expense related to valuation allowance for net operating losses, and $0.2 million of discrete tax expense related to stock-based compensation.Other pertinent financial information includes capital expenditures of approximately $3.4 million and $2.5 million for the three months ended March 31, 2026 and 2025, respectively. The increase in capital expenditure is driven by the build-out of a studio in the Indianapolis radio market.Supplemental Financial Information:For comparative purposes, the following more detailed statements of operations for the three months March 31, 2026 are included.
Three Months Ended March 31, 2026
(in thousands, unaudited)
Consolidated
RadioBroadcasting
ReachMedia
Digital
CableTelevision
All Other - Corporate/EliminationsNET REVENUE$      77,651
$      30,536
$       4,860
$       6,788
$      36,032
$       (565)OPERATING EXPENSES:










Programming and technical 30,005
11,606
3,083
3,040
12,446
(170)Selling, general and
administrative43,483
17,159
2,378
5,115
10,642
8,189Stock-based compensation201
43
13
24
—
121Depreciation and amortization6,177
4,880
33
396
674
194Total operating expenses79,866
33,688
5,507
8,575
23,762
8,334Operating (loss) income(2,215)
(3,152)
(647)
(1,787)
12,270
(8,899)INTEREST AND
INVESTMENT INCOME8
—
—
—
—
8INTEREST EXPENSE(4,407)
(2)
—
—
—
(4,405)GAIN ON RETIREMENT OF
DEBT2,080
—
—
—
—
2,080OTHER (EXPENSE) INCOME,
NET(8)
(11)
—
—
—
3(Loss) income before benefit
from (provision for) income
taxes(4,542)
(3,165)
(647)
(1,787)
12,270
(11,213)BENEFIT FROM (PROVISION
FOR) INCOME TAXES1,441
776
142
388
(2,679)
2,814NET (LOSS) INCOME(3,101)
(2,389)
(505)
(1,399)
9,591
(8,399)NET LOSS ATTRIBUTABLE
TO NON-CONTROLLING
INTERESTS(22)
—
(22)
—
—
—NET (LOSS) INCOME
ATTRIBUTABLE TO
COMMON STOCKHOLDERS(3,079)
(2,389)
(483)
(1,399)
9,591
(8,399)Adjusted EBITDA(2)$       4,656
$       1,819
$       (529)
$     (1,362)
$      12,944
$     (8,217) 
Three Months Ended March 31, 2025
(in thousands, unaudited)
Consolidated
RadioBroadcasting
ReachMedia
Digital
CableTelevision
All Other - Corporate/EliminationsNET REVENUE$      92,235
$      32,610
$       5,853
$      10,212
$      44,193
$       (633)OPERATING EXPENSES:










Programming and technical 30,598
11,293
3,368
3,187
12,909
(159)Selling, general and
administrative50,105
18,596
3,151
6,971
12,691
8,696Stock-based compensation676
108
23
85
288
172Depreciation and amortization2,315
996
34
386
715
184Impairment of intangible assets6,443
6,443
—
—
—
—Total operating expenses90,137
37,436
6,576
10,629
26,603
8,893Operating income (loss) 2,098
(4,826)
(723)
(417)
17,590
(9,526)INTEREST AND INVESTMENT
INCOME966
—
—
—
—
966INTEREST EXPENSE(10,924)
(2)
—
—
—
(10,922)GAIN ON RETIREMENT OF
DEBT11,587
—
—
—
—
11,587OTHER INCOME, NET192
—
—
—
—
192Income (loss) before (provision
for) benefit from income taxes3,919
(4,828)
(723)
(417)
17,590
(7,703)(PROVISION FOR) BENEFIT
FROM INCOME TAXES(15,658)
1,090
(15)
392
(3,881)
(13,244)NET (LOSS) INCOME(11,739)
(3,738)
(738)
(25)
13,709
(20,947)NET INCOME ATTRIBUTABLE
TO NON-CONTROLLING
INTERESTS3
—
3
—
—
—NET (LOSS) INCOME
ATTRIBUTABLE TO
COMMON STOCKHOLDERS(11,742)
(3,738)
(741)
(25)
13,709
(20,947)Adjusted EBITDA(2)$      12,857
$       2,848
$       (551)
$           58
$      18,592
$     (8,090) Urban One, Inc. will hold a conference call to discuss its results for the first fiscal quarter of 2026. The conference call is scheduled for Thursday May 14, 2026 at 10:00 a.m. EDT. To participate on this call, U.S. callers may dial toll-free (+1) 888-596-4144; international callers may dial direct (+1) 646-968-2525. The Access Code is 3438559.A replay of the conference call will be available from 2:00 p.m. EDT May 14, 2026 until 11:59 p.m. EDT May 21, 2026. Callers may access the replay by calling (+1) 800-770-2030; international callers may dial direct (+1) 609-800-9909. The replay Access Code is 3438559.Access to live audio and a replay of the conference call will also be available on Urban One's corporate website at www.urban1.com. The replay will be made available on the website for seven days after the call.Urban One Inc. (urban1.com), together with its subsidiaries, is the largest diversified media company that primarily targets Black Americans and urban consumers in the United States. The Company owns TV One, LLC (tvone.tv), a television network serving more than 30 million households, offering a broad range of original programming, classic series and movies designed to entertain, inform, and inspire a diverse audience of adult Black viewers. As of March 31, 2026, the Company owned and/or operated 75 independently formatted, revenue producing broadcast stations (including 58 FM or AM stations, 15 HD stations, and the 2 low power television stations the Company operates), located in 13 of the most populous African-American markets in the United States. Through Reach Media, Inc. (blackamericaweb.com), the Company also operates syndicated programming including the Rickey Smiley Morning Show, and the DL Hughley Show. In addition to its radio and television broadcast assets, Urban One owns iOne Digital (ionedigital.com), our wholly owned digital platform serving the African American community through social content, news, information, and entertainment websites, including its Cassius, Bossip, HipHopWired and MadameNoire digital platforms and brands. Through our national multi-media operations, we provide advertisers with a unique and powerful delivery mechanism to the African American and urban audiences.Notes:1 "Broadcast and digital operating income": The radio broadcasting industry commonly refers to "station operating income" which consists of net loss before depreciation and amortization, income taxes, interest expense, interest and investment income, non-controlling interests in income of subsidiaries, other income, net, loss from unconsolidated joint venture, corporate selling, general and administrative expenses, stock-based compensation, impairment of goodwill and intangible assets, and (gain) loss on retirement of debt. However, given the diverse nature of our business, station operating income is not truly reflective of our multi-media operation and, therefore, we use the term "broadcast and digital operating income." Broadcast and digital operating income is not a measure of financial performance under GAAP. Nevertheless, broadcast and digital operating income is a significant measure used by our management to evaluate the operating performance of our core operating segments. Broadcast and digital operating income provides helpful information about our results of operations, apart from expenses associated with our fixed assets and goodwill and intangible assets, income taxes, investments, impairment charges, debt financings and retirements, corporate overhead and stock-based compensation. Our measure of broadcast and digital operating income is similar to industry use of station operating income; however, it reflects our more diverse business and therefore is not completely analogous to "station operating income" or other similarly titled measures as used by other companies. Broadcast and digital operating income does not represent operating income or loss, or cash flow from operating activities, as those terms are defined under GAAP, and should not be considered as an alternative to those measurements as an indicator of our performance.

2 "Adjusted EBITDA": Adjusted EBITDA consists of net (loss) income plus (1) depreciation and amortization, income taxes, interest expense, net income attributable to non-controlling interests, impairment of goodwill and intangible assets, stock-based compensation, (gain) loss on retirement of debt, employment agreement award and other compensation, corporate costs, non-recurring litigation settlement costs, non-recurring debt refinancing costs, severance-related costs, investment income, loss from unconsolidated joint venture, loss from ceased non-core business initiatives less (2) other income, net and interest and investment income. Net (loss) income before interest income, interest expense, income taxes, depreciation and amortization is commonly referred to in our business as "EBITDA." Adjusted EBITDA and EBITDA are not measures of financial performance under GAAP. We believe Adjusted EBITDA is often a useful measure of a company's operating performance and is a significant measure used by our management to evaluate the operating performance of our business. Accordingly, based on the previous description of Adjusted EBITDA, we believe that it provides useful information about the operating performance of our business, apart from the expenses associated with our fixed assets and goodwill and intangible assets, or capital structure. Adjusted EBITDA is frequently used as one of the measures for comparing businesses in the broadcasting industry, although our measure of Adjusted EBITDA may not be comparable to similarly titled measures of other companies, including, but not limited to the fact that our definition includes the results of all four of our operating segments (Radio Broadcasting, Reach Media, Digital, and Cable Television). Business activities unrelated to these four segments are included in an "all other" category which the Company refers to as "All other - corporate/eliminations." Adjusted EBITDA and EBITDA do not purport to represent operating income or cash flow from operating activities, as those terms are defined under GAAP, and should not be considered as alternatives to those measurements as an indicator of our performance.

3 For the three months ended March 31, 2026 and 2025, Urban One had 4,449,258 and 4,442,165 shares of common stock outstanding on a weighted average basis (basic), respectively.

4 For the three months ended March 31, 2026 and 2025, Urban One had 4,449,258 and 4,442,165 shares of common stock outstanding on a weighted average basis (fully diluted for outstanding stock awards), respectively.   View original content to download multimedia:https://www.prnewswire.com/news-releases/urban-one-inc-reports-first-quarter-2026-results-302771674.htmlSOURCE Urban One, Inc. Original: URBAN ONE, INC. REPORTS FIRST QUARTER 2026 RESULTS

$TGLO is where you will retire.

Congrats. Was just "stalking ya" .. I have a problem with a Iren Friday exp. $55 covered call... The stock's finally flying and I've already rolled it once. Now, it's so red, that I'll prolly roll it way up and out as far as 2028. That will turn my red position to about $600 green. I'd worry in 19 months if I lose 100 shares worth $105 ea that cost me $1800 (minus the appx 900 collected premium.)

Other reasons to smile, GCTS is doing fine, all my semi-con stox and ETFs are flying and my rocket stocks are moving back nicely.

Enjoy your day, matey!!

Extraordinary move thus far.

Urban One Announces Agreements to Acquire Dallas Radio Stations KKDA and KRNB and to Sell KZMJMay 1, 2026 12:15 PM
PR Newswire (US)

SILVER SPRING, Md., May 1, 2026 /PRNewswire/ -- Urban One has entered into an agreement to acquire Service Broadcasting Group, LLC, including its flagship radio stations KKDA and KRNB. Urban One has also agreed to sell radio station KZMJ to Fuzion Dallas, LLC. Both transactions are subject to regulatory approval by the Federal Communications Commission (FCC) and other customary closing conditions.







The acquisition marks a significant expansion of Urban One's reach in the Dallas community and reinforces the company's commitment to providing high-quality, local content to the market. The acquisition will elevate influential urban voices and allow them to operate from a more powerful and expansive platform."This transaction is accretive and advances our consolidation strategy by scaling our presence in high-growth regions where our target audience is most concentrated," said Alfred C. Liggins, III, President and Chief Executive Officer of Urban One. "By bringing these stations into our portfolio, we aren't just growing our footprint; we are elevating our ability to serve our audience and our advertising partners with unmatched scale and local expertise."The acquisition is designed to offer a more comprehensive solution for local businesses, providing them with a broader reach and deeper community engagement. Listeners can expect the same high standards of programming and community-focused broadcasting they have come to associate with Urban One and the Radio One brand, now amplified across two of the region's most prominent frequencies."Our people are the heart of our success," added Doug Abernathy, Regional Vice President of Urban One "By aligning our best-in-class team with these new platforms, we are securing the future of local radio in Dallas and ensuring we remain the primary source for news, entertainment, and connection for the communities we serve."About Urban One, Inc.
Urban One, Inc. (urban1.com) is the largest diversified media company primarily targeting Black Americans and urban consumers in the U.S., reaching 80 million unique consumers monthly. Its assets include TV One and CLEO TV, collectively available in 40 million households; Radio One, with 74 broadcast stations in 13 top African American markets; and REACH Media, with 312 affiliates over 94 markets and home to nationally syndicated shows such as The Rickey Smiley Morning Show, The D.L. Hughley Show, Get Up! Mornings with Erica Campbell and The Morning Hustle. Urban One's digital division, iONE Digital, engages 31 million monthly readers across leading brands like Bossip, HipHopWired, MadameNoire, and NewsOne. 



View original content to download multimedia:https://www.prnewswire.com/news-releases/urban-one-announces-agreements-to-acquire-dallas-radio-stations-kkda-and-krnb-and-to-sell-kzmj-302760080.htmlSOURCE Urban One, Inc.

Original: Urban One Announces Agreements to Acquire Dallas Radio Stations KKDA and KRNB and to Sell KZMJ

Urban One Rebrands Its Iconic Cruise as ONE Voyage Experience, Continues "Party with a Purpose" Legacy with UNCF PartnershipApril 20, 2026 8:30 AM
PR Newswire (US)

SILVER SPRING, Md., April 20, 2026 /PRNewswire/ -- Urban One today announced the launch of the ONE Voyage Experience (ONE Voyage), the reimagined evolution of its iconic cruise, as it marks its 25th year of music, culture, and community at sea. The company also announced a new partnership with UNCF (United Negro College Fund), to build on the cruise's tradition of supporting scholarships and critical resources for students attending historically black colleges and universities (HBCUs).







Originally introduced as Fantastic Voyage, the cruise became a cultural touchstone through its "Party with a Purpose" spirit, blending entertainment with meaningful impact. That legacy continues with ONE Voyage, which shapes its next chapter with a renewed focus on connection, community, and expanded opportunity."For 25 years, this cruise has been about more than entertainment—it's about community and impact," said Alfred Liggins, President & CEO of Urban One. "With ONE Voyage and our partnership with UNCF, we're expanding that impact and investing in the next generation of leaders.""This partnership demonstrates the power of education and helps to transform lives, said Maurice E. Jenkins, Jr., Executive Vice President and Chief Development Officer, UNCF. "We're honored to join Urban One in this next chapter of ONE Voyage, continuing the legacy of giving back and creating pathways for HBCU students to not only succeed—but lead."As part of this next chapter, Urban One is partnering with Virgin Voyages, and ONE Voyage will sail aboard the Resilient Lady, delivering a modern, elevated onboard experience. The 2026 sailing will take place from Oct. 26 to Nov. 1, departing from Miami, with stops in Nassau, Bahamas, and the Beach Club at Bimini. Award-winning syndicated radio host and comedian Rickey Smiley will host this year's voyage.Through this collaboration with UNCF, ONE Voyage will continue its longstanding commitment to giving back by expanding access to education and opportunity for HBCU students. UNCF will receive and regrant all charitable contributions associated with the initiative to support these students. Contributions made in connection with this initiative are made to UNCF and are tax-deductible to the extent permitted by law.To purchase cabins or for additional information, visit: www.ovexperience.com.About Urban One, Inc.
Urban One, Inc. (urban1.com) is the largest diversified media company primarily targeting Black Americans and urban consumers in the U.S., reaching 80 million unique consumers monthly. Its assets include TV One and CLEO TV, collectively available in 40 million households; Radio One, with 74 broadcast stations in 13 top African American markets; and REACH Media, with 312 affiliates over 94 markets and home to nationally syndicated shows such as The Rickey Smiley Morning Show, The D.L. Hughley Show, Get Up! Mornings with Erica Campbell and The Morning Hustle. Urban One's digital division, iONE Digital, engages 31 million monthly readers across leading brands like Bossip, HipHopWired, MadameNoire, and NewsOne. About UNCF
UNCF, acting as fiscal sponsor for this initiative, is one of the nation's largest and most effective supporters of higher education and serves as a leading advocate for college-bound students. Since its founding in 1944, UNCF has raised more than $6 billion to support students' access to higher education, provide scholarships and strengthen historically Black colleges and universities (HBCUs). Each year, UNCF awards more than 13,000 scholarships to more than 10,000 students totaling more than $64 million. The scholarships support students attending more than 600 US-based colleges and universities including 37 UNCF-member HBCUs. Through its efforts, UNCF has helped generations of students to get to and through college. We believe a college education plays a vital role in fortifying the pipeline of leaders and professionals who contribute to the advancement of our society. Our logo features the UNCF torch of leadership in education and our widely recognized trademark is, ?A mind is a terrible thing to waste."® Learn more at UNCF.org or for continuous updates and news, follow UNCF on Instagram.










View original content to download multimedia:https://www.prnewswire.com/news-releases/urban-one-rebrands-its-iconic-cruise-as-one-voyage-experience-continues-party-with-a-purpose-legacy-with-uncf-partnership-302746824.htmlSOURCE Urban One, Inc.

Original: Urban One Rebrands Its Iconic Cruise as ONE Voyage Experience, Continues "Party with a Purpose" Legacy with UNCF Partnership

Beyond Meat $BYND teamed up with Social Change Fund and Beyond Meat investor and ambassador Chris Paul as part of the company’s commitment to create meaningful change for Black communities https://finance.yahoo.com/news/beyond-meat-announces-partnership-social-130500520.html $UONE

No wonder you never posted on it. This is trash.

Send it.

Urban One, Inc. Fourth Quarter 2025 Results Conference CallMarch 2, 2026 3:00 PM
PR Newswire (US)

SILVER SPRING, Md., March 2, 2026 /PRNewswire/ -- Urban One, Inc. (NASDAQ: UONEK; UONE) will be holding a conference call for investors, analysts and other interested parties to discuss its results for the fourth fiscal quarter of 2025. The conference call is scheduled for Thursday, March 12, 2026, at 10:00 a.m. EDT.







To participate on this call, U.S. callers may dial toll-free +1-888-596-4144; international callers may dial direct +1-646-968-2525. The Access Code is 9077729.A replay of the conference call will be available from 2:00 p.m. EDT March 12, 2026, until 11:59 p.m. EDT March 19, 2026. Callers may access the replay by calling +1-800-770-2030; international callers may dial direct +1-609-800-9909. The replay Access Code is 9077729. Access to live audio and a replay of the conference call will also be available on Urban One's corporate website at www.urban1.com. The replay will be made available on the website for seven days after the call.Cautionary Note Regarding Forward-Looking StatementsThe Company cautions you certain of the statements in this press release may represent "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. These statements are based on assumptions believed by the Company to be reasonable and speak only as of the date on which such statements are made. Without limiting the generality of the foregoing, words such as "expect," "believe," "anticipate," "intend," "plan," "project," "will" or "estimate," or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. Except as required by law, the Company undertakes no obligation to update such statements to reflect events or circumstances arising after such date and cautions investors not to place undue reliance on any such forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those described in the statements based on factors, including but not limited to the following: economic, public health, and/or political conditions that impact consumer confidence and spending; the cost and availability of capital or credit facility borrowings; the ability to obtain equity financing; general market conditions; the adequacy of cash flows or available debt resources to fund operations; and other risk factors described from time to time in the Company's Forms 10-K, Forms 10-Q, and Form 8-K reports (including all amendments to those reports).About Urban One:Urban One Inc. (urban1.com), together with its subsidiaries, is the largest diversified media company that primarily targets Black Americans and urban consumers in the United States. The Company owns TV One, LLC (tvone.tv), a television network serving more than 35 million households, offering a broad range of original programming, classic series and movies designed to entertain, inform, and inspire a diverse audience of adult Black viewers. As of December 31, 2025, we owned and/or operated 74 independently formatted, revenue producing broadcast stations (including 57 FM or AM stations, 15 HD stations, and the 2 low power television stations) branded under the tradename "Radio One" in 13 urban markets in the United States. Through its controlling interest in Reach Media, Inc. (blackamericaweb.com), the Company also operates syndicated programming including the Rickey Smiley Morning Show, and the DL Hughley Show. In addition to its radio and television broadcast assets, Urban One owns iOne Digital (ionedigital.com), our wholly owned digital platform serving the African American community through social content, news, information, and entertainment websites, including its Cassius, Bossip, HipHopWired and MadameNoire digital platforms and brands. Through our national multi-media operations, we provide advertisers with a unique and powerful delivery mechanism to the African American and urban audiences.



View original content to download multimedia:https://www.prnewswire.com/news-releases/urban-one-inc-fourth-quarter-2025-results-conference-call-302701455.htmlSOURCE Urban One, Inc.

Original: Urban One, Inc. Fourth Quarter 2025 Results Conference Call

The report that came out wasn't very good. Sales are going down, and losses are going up.

Don’t understand the selling going on today. Everyone wanted in yesterday but nobody wants it today lol. Juneteenth coming up this is a screaming buy on this dip. See yall at $5+. They will chase

Good work push 4.00 future!

UONE new 52 week low

Bag holders how ya feeling

Juneteenth????

Great work lets go 10.00

Urban One threatens legal actions!!!!

Petersburg Va trying to take casino from Richmond Va

Gap 5.60

Why is our price dropping??

Everyone still here? Look at us. What a great 2 months since the last post on this board.

Nice, $$$$UONE$$$$
Teens are coming.

Got back in yesterday. Run coming.

UONE$ Judge grants Richmond’s request for second casino referendum!!!

https://www.nbc12.com/2022/03/21/judge-grants-richmonds-request-second-casino-referendum/

Urban One is seeking a second referendum to build a casino in Richmond

https://www.bizjournals.com/washington/news/2022/03/04/urban-one-casino-richmond.html?ana=yahoo

Sqeezzzz coming

Casino voted down, its over for this stock, going to zero imo:

https://www.wric.com/news/politics/local-election-hq/richmond-casino-referendum-urban-one-rolled-the-dice-but-the-race-is-too-close-to-call/

UONE...$7.12...Bollies Squeezing Here...

Chart... https://schrts.co/zVichAxD ...

Amazon and $150 million to empower Black entrepreneurs

https://aboutamazon.com/news/small-business/amazon-commits-150-million-to-empower-black-entrepreneurs $UONE $LMFA

50 $ tomorrow

first halt, 50 $, history repeat itself

UONE...$9.13...:partying_face:

UONE...$8.40s clearing here...:partying_face:

UONE...$8.94...in the P/M...Back in on the Bullish 3 Gaps down ...https://schrts.co/CGbsArvB ...:partying_face:

Saying it 500 times won't make it happen.

What a shit ceo

Shorty wins.

Urban One Inc. Files For Stock Shelf Of Upto $200M Of Class A Common Stock
Benzinga > June 11, 2021
4:45 pm ET

there it is $200M https://ih.advfn.com/stock-market/NASDAQ/urban-one-UONE/stock-news/85344853/securities-registration-statement-simplified-form

$UONE $18's anything negative come out???


https://stocktwits.com/weareanon/message/343062421



filled a few

Filled Buy 243 UONE Limit 19.69 -- -- 13:08:17 06/11/21


Filled Buy 50 UONE Limit 19.69 -- -- 13:08:17 06/11/21


Filled Buy 98 UONE Limit 19.69 -- -- 13:08:17 06/11/21


Filled Buy 609 UONE Limit 19.69 -- -- 13:08:17 06/11/21

* * $UONE Video Chart 06-08-2021 * *

Link to Video - click here to watch the technical chart video

Beauty.

Lol F shorty...red to green homie

If this can break back into green on the day the FOMO/short squeeze combination should be fun to watch.

Five zero $ soooon 60 ????

Volume is huge

Shorts are in big troubles

Parabolic move coming

50 $ soon