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Urban One: 3Q Earnings Snapshot
SILVER SPRING, Md. (AP) _ Urban One Inc. (UONEK) on Thursday reported third-quarter net income of $23 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Silver Spring, Maryland-based company said it had profit of 49 cents.
The broadcast media company that serves African-American and urban listeners posted revenue of $110.7 million in the period.
The company’s shares closed at $2.32. A year ago, they were trading...
SILVER SPRING, Md. (AP) _ Urban One Inc. (UONEK) on Thursday reported third-quarter net income of $23 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Silver Spring, Maryland-based company said it had profit of 49 cents.
The broadcast media company that serves African-American and urban listeners posted revenue of $110.7 million in the period.
The company’s shares closed at $2.32. A year ago, they were trading at $1.75.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UONEK at https://www.zacks.com/ap/UONEK
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