---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-012908"
form_type: "8-K"
ticker: "UONE"
cik: "0001041657"
company_name: "URBAN ONE, INC."
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T01:44:49.777143+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Urban One Q2 revenue up 10.4% to $118.8M; reports material weakness, casino vote delayed to 2023

## Summary
- Net revenue $118.8M (+10.4% YoY); net income $15.0M ($0.30 basic) vs $17.9M ($0.36 basic) last year.
- Adjusted EBITDA $47.5M (+6.1% YoY); broadcast and digital operating income $55.1M (+11.2%).
- Q3 core radio pacing down low-to-mid single digits; CEO still expects consolidated revenue growth in Q3.
- Material weakness in internal controls over radio broadcast license valuation; will amend 2021 10-K and Q1 2022 10-Q.
- Richmond casino referendum moved to 2023; withdrew 2022 petition after citing desire to avoid protracted legal dispute.

## SEC filing metadata
- accession: 0001558370-22-012908
- form_type: 8-K
- ticker: UONE
- cik: 0001041657
- company_name: URBAN ONE, INC.
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041657/000155837022012908/0001558370-22-012908-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041657/000155837022012908/uone-20220809x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-012908
- JSON: https://secwatch.observer/filing/0001558370-22-012908.json
- Plain text: https://secwatch.observer/filing/0001558370-22-012908.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.