Urban One First Quarter Net Loss 11.7M
Urban One posted a net loss of $11.7 million for the first quarter ended March 31, 2025, as total revenue dropped 11.7% year-over-year to $92.2 million. The loss compares to net income of $7.5 million during the same quarter last year. Operating income fell sharply to $2.1 million from $12.9 million in Q1 2024, while Adjusted EBITDA declined to $12.9 million from $22.3 million. Broadcast and digital operating income dropped […]