Tag: Urban One

Urban One, Inc. Reports First Quarter Results

[caption id="attachment_226431" align="aligncenter" width="400"] (PRNewsfoto/Urban One, Inc.)[/caption] Urban One, Inc. (NASDAQ: UONEK and UONE) today reported its results for the quarter ended March 31, 2019.  Net revenue was approximately $98.4 million, a decrease of 1.2% from the same period in 2018. Broadcast and digital operating income1 was approximately $34.5 million, an increase of 6.1% from the same period in 2018. The Company reported operating income of approximately $16.1 million for the three months ended March 31, 2019, compared to approximately $7.3 million for the same period in 2018. Net loss was approximately 
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