Urban One Third Quarter 2025 Net Revenue Falls 16%
Urban One releases its operating results for the third quarter of 2025 and reports net revenue of approximately $92.7 million, a decrease of 16% from the same period in 2024. The company says operating income was approximately $2.5 million during the quarter, compared to an operating loss of approximately $26.2 million during the same period in 2024. Urban One is also reporting a net loss of approximately $2.8 compared to net loss of approximately $31.8 million in
the same period a year ago. Urban One CEO and president Alfred C. Liggins, III says, “Third quarter results came in slightly softer than expected across the board. Core radio, excluding political, finished down 8.1%, and our Radio segment is currently pacing down 30.2% all-in and 6.4% ex-political for the fourth quarter of 2025. Revenues at our Reach Media and Digital segments were down 40.0% and 30.0% respectively, which was on the lower end of expectations. Cable TV advertising was down 5.4% and affiliate revenue was down 9.1% driven by continuing subscriber churn. In light of the soft overall market conditions, we are reducing our full year guidance from $60 million of Adjusted EBITDA to $56 to $58 million. Our focus remains on controlling costs, managing debt, leverage and liquidity. During the third quarter of 2025, we repurchased $4.5 million of our 2028 Notes at an average price of approximately 52.0% of par, reducing our outstanding debt balance to $487.8 million.”