Urban One Reports Q4 Loss of $54.4 Million

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Urban One Inc., a broadcast media company that serves African-American and urban listeners, reported a loss of $54.4 million in its fourth quarter. On a per-share basis, the Lanham, Maryland-based company said it had a loss of $12.24, though earnings adjusted for asset impairment costs were 20 cents per share. For the full year, the company reported a loss of $146.9 million, or $32.94 per share, on revenue of $374.4 million.

Why it matters

Urban One's financial performance reflects the ongoing challenges facing traditional broadcast media companies as they navigate shifting consumer preferences and the rise of digital platforms. The company's losses highlight the need for media organizations to adapt their business models to remain competitive in the evolving media landscape.

The details

Urban One Inc. is a broadcast media company that primarily serves African-American and urban listeners. In its fourth quarter, the company reported a loss of $54.4 million, or $12.24 per share. However, when adjusted for asset impairment costs, the company's earnings were 20 cents per share. For the full year, Urban One reported a loss of $146.9 million, or $32.94 per share, on revenue of $374.4 million.

• The financial results are for Urban One's fourth quarter, which ended in 2026-03-12.