Urban One: Rises on strong Q4 results
18/03/2021 13:24
** Shares of media company UONEK.O up 11.2% at $2
premarket
** Co posts Q4 revenue of $113.5 mln, a 7.3% increase from
2019, driven by political advertising and strong demand for co's
digital and cable TV advertising inventory urn:newsml:reuters.com:*:nPn5lq3Y7a
** Co records a profit of 55 cents per share in Q4, compared
with a loss of 18 cents per share in the year-ago qtr
** Up to Wednesday's close, stock up ~64% YTD
(Reporting by Shivani Kumaresan in Bengaluru)
((Shivani.Kumaresan@thomsonreuters.com; +1 646 223 8780;))