Radio One (NASDAQ:UONE) Releases Earnings Results

Radio One (NASDAQ:UONE) announced its quarterly earnings data on Tuesday. The company reported ($26.39) EPS for the quarter, FiscalAI reports. Radio One had a negative net margin of 52.62% and a negative return on equity of 77.06%. The firm had revenue of $88.01 million for the quarter.

Here are the key takeaways from Radio One’s conference call:

• Urban One reported third-quarter revenue of about $88 million, down 5% year over year, and Adjusted EBITDA of $12.3 million, down 13.6%. Management cut its 2026 Adjusted EBITDA guidance to $40 million, citing a weaker advertising market.
• Results varied across segments: radio revenue rose 5.8% (0.5% excluding political revenue), helped by political spending and the Dallas station acquisition, while digital revenue fell 24.6%, Reach Media fell 17.7%, and cable TV fell 6.2%.
• Management said it has identified at least $20 million in annualized cost savings to implement, and operating expenses declined year over year. Some of the expense comparison benefited from non-recurring music-license settlement costs in the prior-year quarter.
• The company recorded substantial impairment charges—about $25.4 million of radio goodwill, $62.5 million of radio long-lived assets, and $40.9 million of cable goodwill—and reported a $119.2 million net loss. Net debt was about $308.1 million, or 6.96 times last-twelve-month reported Adjusted EBITDA, with $17.2 million of unrestricted cash.

Radio One Price Performance

Shares of Radio One stock traded down $0.04 during trading on Thursday, reaching $2.99. 5,586 shares of the stock traded hands, compared to its average volume of 48,107. The company has a market capitalization of $13.78 million, a price-to-earnings ratio of -0.07 and a beta of 0.79. The business has a fifty day simple moving average of $4.19 and a two-hundred day simple moving average of $6.30. The company has a debt-to-equity ratio of 20.77, a current ratio of 1.84 and a quick ratio of 1.84. Radio One has a 52-week low of $2.95 and a 52-week high of $16.94.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Radio One in a report on Tuesday, September 8th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the company has an average rating of “Sell”.

Radio One Company Profile

Radio One, Inc., now known as Urban One, Inc. (NASDAQ: UONE), is a diversified media company focused on serving African American and urban audiences in the United States. The company operates radio stations in select U.S. markets and provides programming that includes music, news, talk, entertainment and community-focused content. Urban One has expanded beyond traditional radio through television, digital media and content production. Its businesses have included TV One, a cable network featuring entertainment, lifestyle and documentary programming; Reach Media, which produces and distributes syndicated radio programs; and One Solution, an integrated marketing and advertising platform serving brands seeking to reach multicultural audiences.