Urban One Q4 revenue up 15.3% to $131M; net income falls to $6.6M; board authorizes $25M share buyback

URBAN ONE, INC.

Net revenue $131.0M (+15.3% YoY); net income $6.6M ($0.13 basic EPS) vs $26.4M ($0.58) in Q4 2020.
Adjusted EBITDA $32.5M vs $41.7M in Q4 2020; broadcast & digital operating income $44.1M (-14.9% YoY).
Digital revenue up 42.9%, cable TV revenue up 43.6%; company expects to exceed pre-pandemic revenue in 2022.
Board authorized $25M share repurchase (24 months) and $50M repurchase of 7.375% senior secured notes due 2028.
Casino partner P2E selling interest to Churchill Downs; project subject to Virginia legislative process.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.