secwatch.observer — SEC 8-K summary
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Issuer:     URBAN ONE, INC. (UONE)
CIK:        0001041657
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001558370-22-016641
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Urban One Q3 revenue up 8.9% to $121.4M; raises FY22 Adjusted EBITDA guidance to mid-$160Ms
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- Net revenue $121.4M (+8.9% YoY); net income $4.2M ($0.09 basic EPS) vs $13.9M ($0.27) in Q3 2021.
- Adjusted EBITDA $44.3M vs $42.7M; FY22 guidance raised to mid-$160Ms from prior $145-150M.
- Recorded $14.45M impairment of long-lived assets in Q3; $31.38M YTD.
- Used $18.3M of $25M debt repurchase authorization in Q4; $6.7M remaining.
- Political ad revenue expected $12-13M; digital segment revenue and EBITDA up ~40%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041657/000155837022016641/0001558370-22-016641-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041657/000155837022016641/uone-20221103x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-016641

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