URBAN ONE, INC. files 10-Q

Urban One reported a net loss of $3.1 million for the first quarter of 2026, a significant improvement from the $11.7 million net loss in the same period of 2025, driven by reduced interest expenses and gains on debt retirement. However, net revenue decreased by 15.8% to $77.7 million, primarily due to lower advertising sales across its radio, digital, and cable television segments.