Urban One: Q1 Earnings Snapshot

·1 min read

SILVER SPRING, Md. (AP) _ Urban One Inc. (UONEK) on Wednesday reported first-quarter net income of $7,000, after reporting a loss in the same period a year earlier.

On a per-share basis, the Silver Spring, Maryland-based company said it had profit of less than 1 cent.

The broadcast media company that serves African-American and urban listeners posted revenue of $91.4 million in the period.

The company's shares closed at $2.50. A year ago, they were trading at 76 cents.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UONEK at https://www.zacks.com/ap/UONEK

The Associated Press

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