Urban One Q2 FY26 net loss narrows to $7.1 million; revenue falls 6.4% to $85.8 million

Reuters2026/08/04 11:12

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Urban One posted Q2 2026 net revenue of USD 85.8 million, down 6.4% year over year.
Net loss narrowed to USD 7.1 million, or USD 1.58 per share, from a loss of USD 77.9 million a year earlier.
Operating loss improved to USD 11.2 million from USD 120.7 million, helped by a smaller impairment charge of USD 14.2 million.
Adjusted EBITDA fell to USD 11.7 million from USD 14 million; Cable Television revenue dropped 7.4% while Radio declined 3.9%.
Management cut its 2026 Adjusted EBITDA outlook to the mid-USD 50 million range; it repurchased USD 23.5 million of 2031 Second Lien Notes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Urban One Inc. published the original content used to generate this news brief on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Urban One Q2 FY26 net loss narrows to $7.1 million; revenue falls 6.4% to $85.8 million

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