Urban One Inc

0.4950

-0.0051-1.02%

Volume:42.13K

Turnover:21.02K

Market Cap:22.16M

PE:-0.22

High:0.5062

Open:0.5000

Low:0.4910

Close:0.5001

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Urban One Inc (UONE) Q4 2024 Earnings Call Highlights: Navigating Challenges with Strategic ...

GuruFocus.com

·

28 Mar

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Peter Thompson; Chief Financial Officer, Executive Vice President; Urban One Inc. Jody Drewer; Chief Financial Officer at TV One; Urban One Inc. Thank you very much, operator, and welcome to our fourth quarter conference call. Also joining us, as usual, is Jody Drewer, who's the Chief Financial Officer at TV One; also Karen Wishart, who's our Chief Administrative Officer.As the press release stated, we ended up coming in at the middle of our guidance for adjusted EBITDA at $103.5 million. That number in Q4 was boosted by a pretty strong performance with our political advertising efforts. However, we did see continued headwinds in our cable TV business due to churn and under-delivery. 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