Urban One Q3 revenue falls 16% to $92.7 mln

Urban One

04/11/2025 12:18

Overview

Urban One Q3 revenue declines 16% yr/yr to $92.7 mln

Company reports Q3 net loss of $2.8 mln, improved from $31.8 mln loss last year

Adjusted EBITDA for Q3 falls to $14.2 mln from $25.4 mln in 2024

Outlook

Urban One reduces full-year Adjusted EBITDA guidance to $56-58 mln

Company expects Q4 Radio segment revenue to decline 30.2%

Urban One focuses on cost control amid soft market conditions

Result Drivers

RADIO SEGMENT DECLINE - Core radio revenue, excluding political, fell 8.1% due to weaker market demand and non-returning political revenues

DIGITAL AND REACH MEDIA - Revenues at Reach Media and Digital segments decreased by 40% and 30% respectively, driven by lower national sales and direct revenue streams

CABLE TV REVENUE - Cable TV advertising and affiliate revenue declined due to subscriber churn and lower advertising sales

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$92.70 mln
Q3 Net Income
-$2.80 mln
Q3 Adjusted EBITDA
$14.20 mln
Q3 Operating Income
$2.50 mln


Press Release: ID:nPn3KyzM3a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)