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Urban One: 3Q Earnings Snapshot
LANHAM, Md. (AP) _ Urban One Inc. (UONE) on Thursday reported third-quarter net income of $23 million, after reporting a loss in the same period a year earlier.
The Lanham, Maryland-based company said it had profit of 49 cents per share.
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 $3.02. A year ago, they were trading at $1.50.
LANHAM, Md. (AP) _ Urban One Inc. (UONE) on Thursday reported third-quarter net income of $23 million, after reporting a loss in the same period a year earlier.
The Lanham, Maryland-based company said it had profit of 49 cents per share.
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 $3.02. A year ago, they were trading at $1.50.
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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 UONE at https://www.zacks.com/ap/UONE
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