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Urban One Inc (UONE) Q3 2024 Earnings Call Highlights: Navigating Revenue Declines and ... [Yahoo! Finance]

Urban One, Inc. - Class A (UONE) 
US:NASDAQ Investor Relations: urban1.com/urban-one-investor-relations
Company Research Source: Yahoo! Finance
Reach Media Segment Revenue: $10.2 million, down 8.2% from the prior year. Digital Segment Revenue: Flat at $20.4 million. Cable Television Segment Revenue: $40.7 million, a decrease of 13%. Consolidated Adjusted EBITDA: $25.4 million, down 26.7%. 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. Total Gross Debt: Approximately $600 million. Net Debt: Approximately $485 million. Net Leverage Ratio: 4.68 times. Capital Expenditures: Approximately $1.6 million for the quarter. Warning! GuruFocus has detected 2 Warning Sign with UONE. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Urban One Inc ( NASDAQ:UONE ) successfully repurchased Show less Read more
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