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Dec 31, 2022
Urban One Q4 2022 Earnings Report
reported fourth quarter results
Key Takeaways
Urban One, Inc. reported a 1.6% increase in net revenue to $132.6 million for the quarter ended December 31, 2022. Operating income was approximately $14.3 million, while net income was $856,000, or $0.02 per share. Adjusted EBITDA was approximately $31.7 million for the quarter.
Net revenue increased by 1.6% year-over-year to $132.6 million.
Operating income was approximately $14.3 million, compared to $20.3 million in the same period of 2021.
Net income was $856,000, or $0.02 per share, compared to $5.3 million, or $0.10 per share, for the same period in 2021.
Adjusted EBITDA was approximately $31.7 million, compared to $32.5 million for the same period in 2021.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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