Urban One Inc
NASDAQ:UONEK
Urban One Inc
Urban One Inc is a US-based company operating in Media industry. The company is headquartered in Silver Spring, Maryland and currently employs 825 full-time employees. Urban One, Inc. is an urban-oriented, multi-media company. The Company’s core business is its radio broadcasting franchise, which is a radio broadcasting operation that primarily targets African American and urban listeners. Its segment includes radio broadcasting, cable television, Reach Media, and digital. The firm owns and/or operates approximately 64 independently formatted broadcast stations, including 54 FM or AM stations, 8 HD stations, and the 2 low power television stations it operates) located in 13 African American markets in the United States. Its Reach Media segment, a syndicated radio unit, launches syndicated radio shows, including the Rickey Smiley Morning Show, Get Up! Mornings with Erica Campbell, the Russ Parr Morning Show, and the DL Hughley Show. Its core radio broadcasting franchise operates under the brand Radio One. The company also operates other brands, such as TV One, CLEO TV, Radio One, Reach, iOne Digital, One Solution, R1 Digital, One VIP, and Interactive One.
Urban One Inc is a US-based company operating in Media industry. The company is headquartered in Silver Spring, Maryland and currently employs 825 full-time employees. Urban One, Inc. is an urban-oriented, multi-media company. The Company’s core business is its radio broadcasting franchise, which is a radio broadcasting operation that primarily targets African American and urban listeners. Its segment includes radio broadcasting, cable television, Reach Media, and digital. The firm owns and/or operates approximately 64 independently formatted broadcast stations, including 54 FM or AM stations, 8 HD stations, and the 2 low power television stations it operates) located in 13 African American markets in the United States. Its Reach Media segment, a syndicated radio unit, launches syndicated radio shows, including the Rickey Smiley Morning Show, Get Up! Mornings with Erica Campbell, the Russ Parr Morning Show, and the DL Hughley Show. Its core radio broadcasting franchise operates under the brand Radio One. The company also operates other brands, such as TV One, CLEO TV, Radio One, Reach, iOne Digital, One Solution, R1 Digital, One VIP, and Interactive One.
Revenue Drop: Consolidated net revenue fell to $92.7 million, down 16% year-over-year, with all major segments experiencing declines.
Guidance Cut: Full-year EBITDA guidance was lowered from $60 million to a range of $56–58 million due to weaker-than-expected Q3 results.
Political Headwinds: Core radio revenues are facing significant political headwinds, with pacings down about 30%. Excluding political, radio revenues declined by 6.4%.
Cost Reduction: The company completed another round of cost savings, totaling $3 million annually in Q3, on top of $5 million earlier in the year.
Debt Repurchase: Urban One repurchased $4.5 million of 2028 notes, bringing total debt to $487.8 million, and is keeping liquidity flexible for potential future opportunities.
2026 Outlook: Management is optimistic about a rebound in 2026, citing anticipated political advertising and operational changes to address this year’s challenges.
No Major M&A: No large or transformative M&A deals are currently planned, but management is monitoring possible industry deregulation for future opportunities.
