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StreetEvents","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483047193?lang=en_us&edition=fundamental","pubTime":"2024-11-13 14:33","pubTimestamp":1731479608,"startTime":"0","endTime":"0","summary":"Alfred Liggins; President, Chief Executive Officer, Treasurer, Director; Urban One Inc. Peter Thompson; Chief Financial Officer, Executive Vice President; Urban One Inc. Thank you, operator, very much. Also joining us is Kris Simpson, who's our General Counsel; Karen Wishart, our Chief Administrative Officer; and Jody Drewer, our Chief Financial Officer at TV One. Thanks, and welcome to the Q3 earnings call.As you've seen in the press release, we released our numbers this morning for Q3. We've continued to experience advertising headwinds in Q3 as we've expected. So the company has continued to reduce its indebtedness.In the quarter, we repurchased $14.5 million of our outstanding bonds at $0.75 on the dollar. Q4, excuse me, revenues are forecasting at this point to be almost about flat because of a robust political spending of approximately $20.5 million net. That's in comparison to about $22.5 million in 2020. So not quite as good but not bad.However, there is continuing weakness in ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/q3-2024-urban-one-inc-063328580.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["UONE","UONEK"],"gpt_icon":0},{"id":"2483043559","title":"Urban One Reports Challenging Third Quarter 2024 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2483043559","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483043559?lang=en_us&edition=fundamental","pubTime":"2024-11-13 12:53","pubTimestamp":1731473621,"startTime":"0","endTime":"0","summary":"Urban One ( ($UONE) ) has released its Q3 earnings. Here is a breakdown of the information Urban One presented to its investors. Urban One, Inc. is...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/urban-one-reports-challenging-third-quarter-2024-results?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/urban-one-reports-challenging-third-quarter-2024-results?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4125","UONE"],"gpt_icon":0},{"id":"2483395091","title":"Urban One Inc (UONE) Q3 2024 Earnings Call Highlights: Navigating Revenue Declines and ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2483395091","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483395091?lang=en_us&edition=fundamental","pubTime":"2024-11-13 09:00","pubTimestamp":1731459627,"startTime":"0","endTime":"0","summary":"Consolidated Net Revenue: Down 6.3% year over year to approximately $110.4 million.Radio Broadcasting Segment Revenue: $39.7 million, a decrease of 1.1% year over year.Reach Media Segment Revenue: $10.2 million, down 8.2% from the prior year.Cable Television Segment Revenue: $40.7 million, a decrease of 13%.Net Loss: Approximately $31.8 million or $0.68 per share.Operating Expenses: Increased to approximately $87.4 million, up 3.5% from the prior year.Interest Expense: Decreased to approximately $11.6 million from $14 million last year.Cash Balance: Ending unrestricted cash was $115 million.Capital Expenditures: Approximately $1.6 million for the quarter.GuruFocus has detected 2 Warning Sign with UONE.Operating expenses increased by 3.5% year over year, driven by higher costs in various segments including radio and digital.Q: How did the radio broadcasting segment perform in Q3 2024?","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/Sm4SMlLPTo.o8.5jQ0HINA--~B/aD01MDA7dz01MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/6c6318ae6c5f41a3d712b8f2d3992e82","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Sm4SMlLPTo.o8.5jQ0HINA--~B/aD01MDA7dz01MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/6c6318ae6c5f41a3d712b8f2d3992e82"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/urban-one-inc-uone-q3-010027097.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["UONE","UONEK"],"gpt_icon":0},{"id":"2482706093","title":"Urban One: Q3 Earnings Snapshot","url":"https://stock-news.laohu8.com/highlight/detail?id=2482706093","media":"Associated Press Finance","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482706093?lang=en_us&edition=fundamental","pubTime":"2024-11-12 20:05","pubTimestamp":1731413109,"startTime":"0","endTime":"0","summary":"LANHAM, Md.  — LANHAM, Md.  — Urban One Inc.  on Tuesday reported a loss of $31.8 million in its third quarter.The Lanham, Maryland-based company said it had a loss of 68 cents per share. Earnings, adjusted for asset impairment costs, came to 31 cents per share.The broadcast media company that serves African-American and urban listeners posted revenue of $110.4 million in the period.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/urban-one-q3-earnings-snapshot-120509733.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["UONE","UONEK"],"gpt_icon":0},{"id":"2482706701","title":"URBAN ONE, INC. REPORTS THIRD QUARTER 2024 RESULTS","url":"https://stock-news.laohu8.com/highlight/detail?id=2482706701","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482706701?lang=en_us&edition=fundamental","pubTime":"2024-11-12 19:48","pubTimestamp":1731412080,"startTime":"0","endTime":"0","summary":"Alfred C. Liggins, III, Urban One's CEO and President stated, \"On a same station basis our radio division finished Q3 -7.7% excluding political, and -3.6% with political. We saw a strong uptick in political revenues beginning in September, with Q4 core radio revenue currently pacing down 3.0%, but up 23.9% overall. Reach Media increased margins and Adjusted EBITDA, despite an 8.2% reduction in revenue for the quarter, due to reduced selling, general and administrative expenses. Our Cable TV business continues to suffer from subscriber churn and audience delivery shortfall, impacting both advertising and affiliate revenues, which were both down double digit percentages in Q3. Digital advertising revenues were down 4.1% as the business experienced moderately weaker advertising demand than prior year. During Q2 we repurchased an additional $14.5 million of our 2028 notes at 75.0%, and we ended the quarter with approximately $115.5 million of cash, cash equivalents and restricted cash.\". C","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/yz1SOvhYwcnCAp6tAF3JRg--~B/aD0yMjU7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/fa438b8335b763ee10fdaa573bad39ec","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/yz1SOvhYwcnCAp6tAF3JRg--~B/aD0yMjU7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/fa438b8335b763ee10fdaa573bad39ec"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/urban-one-inc-reports-third-114800309.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/urban-one-inc-reports-third-114800309.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4585","BK4116","BK4554","BK4560","LU2286300806.USD","BK4588","INC","UONEK","UONE","BK4548","BK4125","NET"],"gpt_icon":0},{"id":"2481695054","title":"/C O R R E C T I O N -- Urban One, Inc./","url":"https://stock-news.laohu8.com/highlight/detail?id=2481695054","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481695054?lang=en_us&edition=fundamental","pubTime":"2024-11-07 05:05","pubTimestamp":1730927100,"startTime":"0","endTime":"0","summary":"Urban One, Inc. Third Quarter 2024 Results Conference Call. SILVER SPRING, Md., Oct. 25, 2024 /PRNewswire/ -- Urban One, Inc.  will be holding a conference call for investors, analysts and other interested parties to discuss its results for the third fiscal quarter of 2024.The conference call is scheduled for Tuesday, November 12, 2024 at 10:00 a.m. EST.To participate on this call, U.S. callers may dial toll-free 1-877-226-8189; international callers may dial direct (+1) 409-207-6980. The Access Code is 5487822. A replay of the conference call will be available from 1:00 p.m. EST November 12, 2024 until 12:00 a.m. EST November 19, 2024. Callers may access the replay by calling 1-866-207-1041; international callers may dial direct (+1) 402-970-0847. The replay Access Code is 3607803. Access to live audio and a replay of the conference call will also be available on Urban One's corporate website atwww.urban1.com. The replay will be made available on the website for seven days after the c","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/yz1SOvhYwcnCAp6tAF3JRg--~B/aD0yMjU7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/fa438b8335b763ee10fdaa573bad39ec","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/yz1SOvhYwcnCAp6tAF3JRg--~B/aD0yMjU7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/fa438b8335b763ee10fdaa573bad39ec"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/c-o-r-r-e-210500890.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/c-o-r-r-e-210500890.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["UONEK","UONE","BK4125"],"gpt_icon":1},{"id":"2480985018","title":"URBAN ONE TO EXPAND SPANISH LANGUAGE PROGRAMMING WITH LOCAL MANAGEMENT AGREEMENT WITH LA MEGA MEDIA AND LAZO MEDIA; CLAUDIA DELEON APPOINTED VP, GENERAL MANAGER OF ITS CLEVELAND MARKET AND HEAD OF SPANISH BROADCAST OPERATIONS","url":"https://stock-news.laohu8.com/highlight/detail?id=2480985018","media":"PR Newswire","labels":["executive","corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480985018?lang=en_us&edition=fundamental","pubTime":"2024-11-02 04:33","pubTimestamp":1730493180,"startTime":"0","endTime":"0","summary":"SILVER SPRING, Md., Nov. 1, 2024 /PRNewswire/ -- Urban One Inc.  has announced a Local Management Agreement  with La Mega Media, Inc., and Lazo Media LLC, taking a significant step to expand Spanish-language programming across its Ohio markets and into Indianapolis. Effective November 1, 2024, Urban One will own and/or operate stations under the La Mega brand in Cleveland, Columbus, Cincinnati, and Indianapolis. Additionally, Claudia DeLeon, most recently the Chief Operating Officer of La Mega Media, has been named Vice President, General Manager of the Cleveland market, and Head of Spanish Broadcast Operations for Urban One.\"We are thrilled to align with such a well-established brand in Ohio, one with a legacy of dedicated service to Hispanic communities in Cleveland, Columbus, and Cincinnati.Equally exciting is the addition of Claudia DeLeon, a seasoned executive who brings a wealth of experience and talent to our team,\" said Eddie Harrell, Jr., Co-President of the Audio Division. \"A","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/6Crz4YJ.OVhSXJxClAVK9Q--~B/aD00MDA7dz0zMzk7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/e4bbe7e48ce3f591378facce4126dc32","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/6Crz4YJ.OVhSXJxClAVK9Q--~B/aD00MDA7dz0zMzk7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/e4bbe7e48ce3f591378facce4126dc32"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/urban-one-expand-spanish-language-203300624.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/urban-one-expand-spanish-language-203300624.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive,corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4125","UONE","UONEK"],"gpt_icon":1},{"id":"2479736898","title":"Urban One (NASDAQ:UONE.K) adds US$5.8m to market cap in the past 7 days, though investors from three years ago are still down 85%","url":"https://stock-news.laohu8.com/highlight/detail?id=2479736898","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2479736898?lang=en_us&edition=fundamental","pubTime":"2024-10-30 23:42","pubTimestamp":1730302959,"startTime":"0","endTime":"0","summary":"This week we saw the Urban One, Inc.  share price climb by 12%. But only the myopic could ignore the astounding decline over three years. In that time the share price has melted like a snowball in the desert, down 85%. So it sure is nice to see a bit of an improvement. But the more important question is whether the underlying business can justify a higher price still. We really hope anyone holding through that price crash has a diversified portfolio. Even when you lose money, you don't have to lose the lesson.The recent uptick of 12% could be a positive sign of things to come, so let's take a look at historical fundamentals.Over the three years that the share price declined, Urban One's earnings per share  dropped significantly, falling to a loss. Since the company has fallen to a loss making position, it's hard to compare the change in EPS with the share price change. But it's safe to say we'd generally expect the share price to be lower as a result!","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/WpuHC90VC2N6rzSphG2Bug--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/abe6319362eec70b59e31eb3eb696286","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/WpuHC90VC2N6rzSphG2Bug--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/abe6319362eec70b59e31eb3eb696286"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/urban-one-nasdaq-uone-k-154239305.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4585","UONE",".IXIC","SQQQ","LU2210150020.SGD","IE00BGHQF748.EUR","IE00BKPKM429.USD","BK4112","BK4125","UONEK","QLD","BK4588","LU2210149790.SGD","QID","NQmain","MNQmain","PSQ","IE00B3QW5Z07.USD","LU2095319765.USD","TQQQ","NDAQ","IE00B64PRP62.GBP"],"gpt_icon":1},{"id":"2479310280","title":"URBAN ONE ANNOUNCES RETIREMENT OF RADIO DIVISION CEO DAVID KANTOR; EDDIE HARRELL, JR., AND DEON LEVINGSTON NAMED CO-PRESIDENTS OF THE AUDIO DIVISION","url":"https://stock-news.laohu8.com/highlight/detail?id=2479310280","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2479310280?lang=en_us&edition=fundamental","pubTime":"2024-10-29 23:30","pubTimestamp":1730215800,"startTime":"0","endTime":"0","summary":"SILVER SPRING, Md., Oct. 29, 2024 /PRNewswire/ -- Urban One today announced the retirement of media executive David Kantor, CEO of its audio division, Radio One and Reach Media, effective January 5, 2025. Kantor, who has been an integral part of Urban One since 2005, will be succeeded by Eddie Harrell, Jr., currently Regional Vice President and General Manager of Radio One-Ohio Markets, and Deon Levingston, currently Regional Vice President and General Manager for Radio One Indianapolis. Harrell and Levingston have been named co-presidents of Urban One's Audio Division.\"The radio industry is losing one of its giants, and Urban One is bidding farewell to a venerable leader whose passion and vision have helped to shape our industry, guide our company, and serve our growing and diverse audience,\" said Urban One CEO Alfred Liggins. Kantor became CEO of Urban One's Audio Division in 2015. He oversaw the division's syndication growth, expansion into podcasting, and other new lines of busines","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/x4YXoTDc5S7JvcAsesqC6Q--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/0a7836bb25e42193611bff0699c32410","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/x4YXoTDc5S7JvcAsesqC6Q--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/0a7836bb25e42193611bff0699c32410"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/urban-one-announces-retirement-radio-153000557.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/urban-one-announces-retirement-radio-153000557.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4125","UONEK","UONE"],"gpt_icon":0},{"id":"2478952099","title":"Urban One, Inc. Third Quarter 2024 Results Conference Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2478952099","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2478952099?lang=en_us&edition=fundamental","pubTime":"2024-10-26 02:00","pubTimestamp":1729879200,"startTime":"0","endTime":"0","summary":"SILVER SPRING, Md., Oct. 25, 2024 /PRNewswire/ -- Urban One, Inc.  will be holding a conference call for investors, analysts and other interested parties to discuss its results for the third fiscal quarter of 2024. The conference call is scheduled for Thursday,November 7, 2024 at 10:00 a.m. EST. To participate on this call, U.S. callers may dial toll-free 1-877- 226-8189; international callers may dial direct (+1) 409-207-6980. TheAccess Code is 5487822.Areplay of the conference call will be available from 1:00 p.m. ESTNovember 7, 2024 until 12:00 a.m. ESTNovember 14, 2024. Callers may access the replay by calling 1-866-207-1041; international callers may dial direct (+1) 402-970-0847. The replay Access Code is 3607803. Access to live audio and a replay of the conference call will also be available on Urban One's corporate website at www.urban1.com. The replay will be made available on the website for seven days after the call.Urban One Inc. , together with its subsidiaries, i","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/yz1SOvhYwcnCAp6tAF3JRg--~B/aD0yMjU7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/fa438b8335b763ee10fdaa573bad39ec","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/yz1SOvhYwcnCAp6tAF3JRg--~B/aD0yMjU7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/fa438b8335b763ee10fdaa573bad39ec"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/urban-one-inc-third-quarter-180000512.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/urban-one-inc-third-quarter-180000512.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["UONEK","BK4125","UONE"],"gpt_icon":1},{"id":"2474788989","title":"Urban One Inc (UONE) Q2 2024 Earnings Call Highlights: Navigating Revenue Challenges and ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2474788989","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2474788989?lang=en_us&edition=fundamental","pubTime":"2024-10-10 05:43","pubTimestamp":1728510239,"startTime":"0","endTime":"0","summary":"Consolidated Net Revenue: Down 9.2% year-over-year to approximately $117.7 million.Radio Broadcasting Segment Revenue: $42 million, up 7.2% year-over-year, down 3% on a same-station basis.Reach Media Segment Revenue: $18.9 million, down 5.6% from the prior year.Digital Segment Revenue: Decreased by 16% to $15.9 million.Cable Television Segment Revenue: $41.5 million, a decrease of 20.9%.Net Loss: Approximately $45.4 million or $0.94 per share.Capital Expenditures: Approximately $2.2 million in the second quarter.Total Gross Debt: $614.5 million as of June 30, 2024.GuruFocus has detected 2 Warning Sign with UONE.For the complete transcript of the earnings call, please refer to the full earnings call transcript.The company is optimistic about the strength of political advertising, expecting it to be more robust than initially forecasted.Urban One Inc  is seeing growth in connected TV and podcast revenues compared to last year.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/Sm4SMlLPTo.o8.5jQ0HINA--~B/aD01MDA7dz01MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/6c6318ae6c5f41a3d712b8f2d3992e82","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Sm4SMlLPTo.o8.5jQ0HINA--~B/aD01MDA7dz01MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/6c6318ae6c5f41a3d712b8f2d3992e82"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/urban-one-inc-uone-q2-214359956.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["UONE","UONEK"],"gpt_icon":0},{"id":"2466241015","title":"Urban One Inc. (UONE): Short Seller Sentiment is Bearish","url":"https://stock-news.laohu8.com/highlight/detail?id=2466241015","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2466241015?lang=en_us&edition=fundamental","pubTime":"2024-09-12 15:26","pubTimestamp":1726125996,"startTime":"0","endTime":"0","summary":"We recently published a list of 10 Worst Broadcasting Stocks to Buy According to Short Sellers. In this article, we are going to take a look at where Urban One Inc.  stands against the other broadcasting stocks.September is a relatively volatile month for the stock market every year, under the pretense of one reason or another. However, with rate cuts around the corner, 2024 might be different.Mona Mahajan, a senior investment strategist at Edward Jones, recently joined CNBC to discuss the importance of long-term investors leaning into market weakness. She believes that market volatility, such as that of this September, is an opportunity for investors to diversify their portfolios.In August, the S&P 500 was up 18%, which, according to Mahajan, suggested an unsustainable rise that would most likely be met by a pullback or correction. 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