Urban One Q1 FY26 net loss narrows to $3.1 million; net revenue drops 15.8% to $77.65 million

Urban One Inc Class D

Urban One Inc Class D

UONEK

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  • Urban One posted net loss attributable to common stockholders of USD 3.08 million for three months ended March 31, 2026, narrowing from a USD 11.74 million loss year earlier.
  • Net revenue fell 15.8% to USD 77.65 million, reflecting declines in radio advertising to USD 32.12 million and Cable Television revenue to USD 35.97 million.
  • Operating results swung to operating loss of USD 2.22 million as depreciation and amortization rose to USD 6.18 million.
  • Adjusted EBITDA dropped to USD 4.66 million from USD 12.86 million.
  • Liquidity included USD 28 million in cash, cash equivalents and restricted cash, with USD 10 million outstanding on the Current ABL Facility and borrowing capacity of about USD 31.8 million.


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