secwatch.observer — SEC 8-K summary
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Issuer:     URBAN ONE, INC. (UONE)
CIK:        0001041657
Form:       8-K
Filed at:   2022-05-11T23:59:59+00:00
Accession:  0001558370-22-008315
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Urban One Q1 revenue up 22.9% to $112.3M; raises FY22 Adjusted EBITDA guidance above $145-150M range
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- Net revenue $112.3M (+22.9% YoY); net income $16.4M ($0.32 basic EPS) vs $0.00 prior year.
- Adjusted EBITDA $42.0M (+38.9% YoY); company now expects FY22 Adjusted EBITDA above prior $145-150M range.
- Digital revenues +49.5%, Cable TV advertising +46.9%, core radio +17.4%; cash $166.4M, net leverage 4.07x.
- ONE Casino + Resort Richmond referendum set for Nov 2022; order final and non-appealable, moving forward.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041657/000155837022008315/0001558370-22-008315-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041657/000155837022008315/uone-20220505x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-008315

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer