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.
The Associated Press