secwatch.observer — SEC 8-K summary ====================================== Issuer: URBAN ONE, INC. (UONE) CIK: 0001041657 Form: 8-K Filed at: 2026-05-14T20:12:17+00:00 Accession: 0001041657-26-000037 Event type: earnings Sentiment: negative Materiality: 0.80 Item codes: 2.02, 8.01, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Urban One Q1 net loss $3.1M (-$0.69/sh); revenue falls 15.8%; FY EBITDA guide $60M -------------------------------------------------------------------------------- - 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%. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1041657/000104165726000037/0001041657-26-000037-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1041657/000104165726000037/uone-20260514.htm HTML page: https://secwatch.observer/filing/0001041657-26-000037 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer