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LANHAM, Md. (AP) _ Urban One Inc. (UONE) on Friday reported a fourth-quarter loss of $7.9 million, after reporting a profit in the same period a year earlier.
The Lanham, Maryland-based company said it had a loss of 18 cents per share.
The broadcast media company that serves African-American and urban listeners posted revenue of $105.9 million in the period.
For the year, the company reported profit of $925,000, or 2 cents per share. Revenue was reported as $436.9 million.
The company’s shares closed at $1.54. A year ago, they were trading at $2.10.
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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