earnings
confidence high
sentiment negative
materiality 0.80
Urban One Q1 net loss $3.1M (-$0.69/sh); revenue falls 15.8%; FY EBITDA guide $60M
URBAN ONE, INC.
2026-Q1 EPS reported
-$0.69
revenue$77,651,000
- Q1 net loss $3.1M ($0.69/sh) vs $11.7M loss ($2.64/sh) in prior year; revenue $77.7M, down 15.8% YoY.
- Adjusted EBITDA $4.7M vs $12.9M in Q1 2025; FY 2026 adjusted EBITDA guide of ~$60M.
- Debt repurchases reduce total debt by $60.2M YTD, saving $4.6M annual interest; $10M ABL drawn.
- Acquiring Dallas stations KKDA/KRNB for $22M, selling KZMJ for $6M, selling Charlotte stations for $4.9M; net outflow ~$11.1M.
- Segment declines: Radio -6.4%, Reach Media -17%, Digital -33.5%, Cable TV -18.5%; Q2 radio pacing down 2.6%.
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