Urban One reaffirms FY2022 Adjusted EBITDA guidance above prior $145-150M range

URBAN ONE, INC.

2022-Q2 EPS reported $0.57 revenue$231,159,000

On Q2 2022 earnings call, company reaffirmed FY2022 adjusted EBITDA now expected to exceed prior range of $145-150 million.
Upward revision driven by favorable business/revenue mix; no further quantitative update provided.
Prior guidance range was $145-150 million; new guidance is qualitative but positive.
Company declined to offer a more specific estimate at this time.

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