Urban One Q2 Profit Climbs, Adj. EBITDA Down
(RTTNews) - Media company Urban One, Inc. (UONE) reported Thursday that its second-quarter net income attributable to stockholders surged to $70.37 million from last year's $16.29 million.
Earnings per share were $1.39, up from last year's $0.30.
Adjusted EBITDA, meanwhile, dropped to $37.50 million from $47.51 million a year ago.
Revenue for the quarter was $129.65 million, higher than prior year's $118.66 million.
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