earnings
confidence high
sentiment negative
materiality 0.80
Urban One Q4 net loss $35.7M ($0.78/sh); FY2025 EBITDA guidance slashed to $75M
URBAN ONE, INC.
- Q4 net loss $35.7M ($0.78/sh) vs net loss $11.0M ($0.23/sh) prior year on goodwill impairment and lower revenue.
- Net revenue $117.1M, down 2.7% YoY; operating loss $1.9M vs operating income $6.8M in Q4 2023.
- Full-year 2024 Adjusted EBITDA $103.5M; sees FY2025 Adj. EBITDA of $75M with free cash flow ~$25M.
- Q1 2025 revenue pacing down ~13%; Q2 improving to ~1.6% decline; cash balance $117M as of March 27.
- Cable TV ad and affiliate revenue fell sharply; digital segment Adjusted EBITDA rose 50.7% in Q4.