UONE Earnings Prediction
The chart below shows how UONE performed 10 days before and after its earnings report, based on data from the past quarters. Typically, UONE sees a -6.13% change in stock price 10 days leading up to the earnings, and a -10.38% change 10 days following the report. On the earnings day itself, the stock moves by -4.07%. This data can give you a slight idea of what to expect for the next quarter's release.
UONE Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
110.39M
-6.31%
-6.24%
Gross Margin
68.16%
-2.20%
-1.52%
Operating Margin
18.95%
-21.73%
10.56%
Net Margin
-28.44%
-37.62%
-25.74%
EPS
-0.68
-40.35%
-27.66%
No Data Available
UONE Earnings Analysis
Urban One, Inc. Class A Common Stock Corporation (UONE.O) Earnings Conference Call
Positive
Debt Reduction Strategy: In the third quarter, Urban One repurchased $14.5 million of its outstanding bonds at $0.75 on the dollar, continuing its strategy to reduce debt.
Year-End Cash Balance: The company expects to have a year-end cash balance of $140 million by December 31 of this year, demonstrating strong cash management.
Adjusted EBITDA Performance: Adjusted EBITDA for the third quarter was $25.4 million, reflecting effective cost management despite a challenging revenue environment.
Reach Media Revenue Performance: The Reach Media segment generated $10.2 million in revenue for the third quarter, showcasing resilience in a competitive market.
Net Loss Improvement: The company reported a net loss of approximately $31.8 million, which is an improvement compared to a net loss of $54.4 million in the same quarter last year, indicating progress in financial performance.
Negative
Revenue Decline Analysis: Consolidated net revenues were down 6.3% year-over-year for the three months ended September 30, 2024, at approximately $110.4 million.
Radio Broadcasting Revenue Decline: Net revenue for the radio broadcasting segment was $39.7 million, a decrease of 1.1% year-over-year, but down 3.6% on a same-station basis.
Net Revenue Decline: Excluding political, net revenue was down 4.8% year-over-year, down 7.7% on a same-station basis.
Reach Media Revenue Decline: Net revenue for the Reach Media segment was $10.2 million in the third quarter, down 8.2% from the prior year.
EBITDA and Operating Income Decline: Adjusted EBITDA was $25.4 million for the third quarter, down 26.7% and consolidated broadcast and digital operating income was approximately $35.4 million, a decrease of 19.2%.
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UONE Earning Call Sentiment
Urban One, Inc. (UONE) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
UONE.O
0.35%Positive
The earnings call reflects a challenging financial situation with declining revenues, increased operating expenses, and significant debt levels. Although there is some positive sentiment from share repurchases and debt reduction efforts, the overall financial performance and guidance adjustments indicate ongoing struggles. The year-end EBITDA guidance was lowered, reflecting continued pressure from advertising headwinds and cable TV segment weakness. Despite some positive actions, the negative financial metrics and lack of strong growth catalysts suggest a likely negative stock price movement over the next two weeks.