---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-009142"
form_type: "8-K"
ticker: "UONE"
cik: "0001041657"
company_name: "URBAN ONE, INC."
filed_at: "2024-06-13T23:59:59+00:00"
generated_at: "2026-06-01T04:31:43.440615+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Urban One reports FY2023 Adj EBITDA $128.4M, Q1 2024 net income $7.5M; guides FY2024 Adj EBITDA $110-120M

## Summary
- FY2023 net revenue $477.7M (-1.4% YoY), operating loss $31.6M vs income $91.1M, Adj EBITDA $128.4M vs $165.2M.
- Q1 2024 net revenue $104.4M (-5% YoY), operating income $12.9M vs $8.1M, Adj EBITDA $21.5M vs $30.3M.
- Regained Nasdaq compliance after filing FY2023 10-K and Q1 2024 10-Q on June 7, 2024; delisting action ceased.
- FY2024 Adj EBITDA guidance $110-120M; Q2 radio net revenue pacing down ~3% on same-station basis.
- Cash $162.9M as of June 10, 2024; Q1 repurchased $75M of 2028 notes at 88.3%.

## SEC filing metadata
- accession: 0001558370-24-009142
- form_type: 8-K
- ticker: UONE
- cik: 0001041657
- company_name: URBAN ONE, INC.
- filed_at: 2024-06-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041657/000155837024009142/0001558370-24-009142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041657/000155837024009142/uone-20240610x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-009142
- JSON: https://secwatch.observer/filing/0001558370-24-009142.json
- Plain text: https://secwatch.observer/filing/0001558370-24-009142.txt

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