secwatch.observer — SEC 8-K summary
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Issuer:     URBAN ONE, INC. (UONE)
CIK:        0001041657
Form:       8-K
Filed at:   2026-11-10T21:31:13+00:00
Accession:  0001628280-26-072780
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Urban One Q3 revenue -5% to $88.0M, $128.9M impairment drives $119.2M net loss; FY26 EBITDA guide cut to $40M
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- Net revenue $88.0M, down 5.0% YoY; operating loss $126.6M vs $2.5M income a year ago after a $128.9M goodwill/intangible/long-lived asset impairment.
- Net loss to common stockholders $119.2M, or $(26.39)/share vs $(0.64); Adjusted EBITDA $12.3M vs $14.2M; stockholders' equity swung to $(103.0)M from $24.6M.
- FY2026 Adjusted EBITDA guidance cut to $40.0M from the prior mid-fifty-million range; management says it has identified at least $20.0M of annualized cost savings.
- Digital revenue fell to $9.6M from $12.7M and Adjusted EBITDA turned to $(0.1)M; Cable TV revenue $37.3M vs $39.8M on weak scatter demand shifting to direct response.
- Closed $22.0M Service Broadcasting buy (KKDA/KRNB Dallas) July 17, adding $1.9M of Q3 revenue; sold KZMJ for $6.0M, booking a $3.2M gain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041657/000162828026072780/0001628280-26-072780-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041657/000162828026072780/uone-20261110.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-072780

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