---
schema_version: "secwatch.filing_event.v1"
accession: "0001041657-24-000008"
form_type: "8-K"
ticker: "UONE"
cik: "0001041657"
company_name: "URBAN ONE, INC."
filed_at: "2024-08-09T23:59:59+00:00"
generated_at: "2026-05-31T10:19:02.355440+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Urban One Q2 net loss $45.4M (-$0.94); revenue $117.7M (-9.2% YoY); FY EBITDA guidance at low end $110-120M

## Summary
- Net loss of $45.4M ($0.94 diluted loss per share) vs income of $70.4M in Q2 2023; includes $80.8M impairment.
- Adjusted EBITDA $28.4M vs $37.5M YoY; full-year 2024 EBITDA expected at lower end of $110-120M range.
- Net revenues fell 9.2% to $117.7M; broadcast and digital operating income down 27.7% to $34.2M.
- Repurchased $35.5M of 7.375% senior notes due 2028 at 78% of par; net debt $482.6M, leverage 4.37x.
- CEO cites sequential improvement in national radio revenues, but weaker local; political ad uptick expected; Cable TV subscriber churn continues.

## SEC filing metadata
- accession: 0001041657-24-000008
- form_type: 8-K
- ticker: UONE
- cik: 0001041657
- company_name: URBAN ONE, INC.
- filed_at: 2024-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041657/000104165724000008/0001041657-24-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041657/000104165724000008/uone-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001041657-24-000008
- JSON: https://secwatch.observer/filing/0001041657-24-000008.json
- Plain text: https://secwatch.observer/filing/0001041657-24-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.