Urban One Q4 revenue falls 16.5%, operating loss widens

Urban One

12/03/2026 12:11

Overview

U.S. media company's Q4 revenue fell 16.5% yr/yr as political ad revenue and cable TV delivery declined

Adjusted EBITDA dropped 42% yr/yr, operating loss widened to $54 mln from $1.9 mln a year ago

Company completed debt refinancing, extending maturities and reducing outstanding 2028 Notes

Outlook

Urban One says cable TV audience delivery has recovered in Q1 2026 with Nielsen changes

Company says radio pacings in Q1 2026 are currently down 5%

Urban One expects mid-term political revenues to improve later in 2026

Result Drivers

POLITICAL ADVERTISING DROP - Co said non-recurring political ad revenue was a major factor in revenue decline

CABLE TV WEAKNESS - Declining audience delivery and lower advertising sales in cable TV segment weighed on results

SOFT RADIO MARKETS - Weaker demand from national and local radio advertisers contributed to revenue decline

Company press release: ID:nPnSXHpSa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$97.8 mln
Q4 Net Income
-$54.4 mln
Q4 Adjusted EBITDA
$15.6 mln
Q4 Operating Income
-$54 mln


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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.)