URBAN ONE, INC. 1Q 2026: Revenue $77.65M, EPS ($0.69) — 10-Q Summary

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2026.05.14 13:21
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URBAN ONE, INC. reported a revenue of $77.65M for Q1 2026, down 15.8% from $92.24M a year prior. The company posted a net loss of $3.08M, or $0.69 per diluted share, an improvement from a loss of $11.74M, or $2.64 per share, in the previous year. The decline in revenue was attributed to weaker advertising demand, particularly in digital, which fell 33.6%. Despite the revenue drop, SG&A and programming costs decreased, leading to improved operating income and cash from operations.