Urban One: Q2 Earnings Snapshot

SILVER SPRING, Md. (AP) — SILVER SPRING, Md. (AP) — Urban One Inc. (UONEK) on Thursday reported earnings of $70.4 million in its second quarter.

On a per-share basis, the Silver Spring, Maryland-based company said it had net income of $1.39. Earnings, adjusted for asset impairment costs, came to $1.73 per share.

The broadcast media company that serves African-American and urban listeners posted revenue of $129.7 million in the period.

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