NASDAQ$UONE

Urban One Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

reported fourth quarter results

Urban One, Inc. reported a 1.6% increase in net revenue to $132.6 million for the quarter ended December 31, 2022. Operating income was approximately $14.3 million, while net income was $856,000, or $0.02 per share. Adjusted EBITDA was approximately $31.7 million for the quarter.

  • Net revenue increased by 1.6% year-over-year to $132.6 million.
  • Operating income was approximately $14.3 million, compared to $20.3 million in the same period of 2021.
  • Net income was $856,000, or $0.02 per share, compared to $5.3 million, or $0.10 per share, for the same period in 2021.
  • Adjusted EBITDA was approximately $31.7 million, compared to $32.5 million for the same period in 2021.

Headline financials

Total Revenue

$133M

Previous: $131M+1.2%
EPS (adj)

$0.02

Previous: $0.12-83.3%
Broadcast & Digital Op. Income

$47.6M

Previous: $44.1M+7.9%
Adjusted EBITDA

$31.7M

Previous: $32.5M-2.3%
Capital Expenditures

$1.51M

Previous: $2.1M-28.4%
Free Cash Flow

$11.5M

Previous: $41.8M-72.5%
Net Income

$1.65M

Previous: $6.6M-75.0%
Operating Income

$14.3M

Previous: $22.4M-36.1%
Gross Profit

$95.8M

Previous: $92.7M+3.3%
Cash & Equivalents

$95.4M

Previous: $152M-37.3%
Total Assets

$1.34B

Previous: $1.26B+6.1%
Stock-Based Comp

$1.13M

Previous: $87K+1194.3%

Revenue & EPS history

Urban One · Revenue · Quarterly

$133M

Q4 2022+1.2%vs Q4 2021
Beat estimate in 4 of 4 quarters(100%)
ActualEstimate

Revenue by segment

Urban One · $111M total across 4 segments · Q1 2023

  • Cable Television
    $49.7M
  • Radio Broadcasting
    $35.2M
  • Digital
    $15.1M
  • Reach Media
    $10.9M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

+0.2%

Avg return

Earnings day

-0.6%

Avg return

5 days after

+43.1%

Avg return

30 days after

44%

29 / 66 earnings

Positive

+31.9%

Q4 2014

Best reaction

-23.4%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-11.9%-13.7%-11.9%
Q4 2025-2.3%-19.4%-11.8%
Q2 2025-3.0%-3.6%-17.3%
Q1 2025-3.0%+2.4%-3.6%
Q4 2024+1.4%-2.1%-3.4%
Q3 2024-15.1%-9.6%+1.2%
Q3 2025+0.8%+14.5%+7.6%
Q2 2024+7.1%+7.1%+4.1%
Q4 2023+20.3%+2.4%-17.5%
Q1 2024+20.3%+2.4%-17.5%
Q3 2023+2.3%+4.8%-9.8%
Q2 2023-0.5%+2.0%+1.2%
Q1 2023+1.4%+1.8%-5.8%
Q4 2022-0.5%-3.6%-5.3%
Q3 2022+2.8%+2.8%-10.1%
Q2 2022+12.7%+21.3%+4.8%
Q1 2022+15.2%+13.4%+47.9%
Q4 2021+5.8%-2.4%+19.6%
Q3 2021-14.3%-14.2%-40.8%
Q2 2021+6.0%+17.0%+16.7%
Q1 2021+11.5%+18.0%+347.4%
Q4 2020-1.5%-8.4%-16.8%
Q3 2020-4.7%+4.2%+0.0%
Q2 2020-9.2%-8.5%-71.1%
Q1 2020+4.8%+4.8%+1560.0%
Q4 2019-23.4%-18.8%-20.1%
Q3 2019+1.8%-0.9%-4.6%
Q2 2019-9.1%-10.4%-19.5%
Q1 2019-16.5%-12.1%-12.9%
Q4 2018-0.4%-3.6%-5.8%
Q3 2018-11.6%-8.9%-25.2%
Q2 2018+0.0%-5.7%-13.2%
Q1 2018-6.7%-6.7%+50.3%
Q4 2017+5.4%+6.5%+5.4%
Q3 2017-3.2%-6.5%-5.8%
Q2 2017+0.0%-2.7%-8.1%
Q1 2017-15.4%-15.4%-40.0%
Q4 2016-3.8%+5.8%+17.3%
Q3 2016-1.7%+17.5%+23.9%
Q2 2016+11.9%+6.4%+15.6%
Q1 2016+12.5%
Q4 2015-10.9%
Q3 2015-1.9%
Q2 2015+16.7%
Q1 2015-6.9%
Q4 2014+31.9%
Q3 2014-10.0%
Q2 2014-20.6%
Q1 2014-10.8%
Q4 2013-1.9%
Q3 2013+4.1%
Q2 2013+2.0%
Q1 2013+26.5%
Q2 2012-0.6%
Q4 2012-8.2%
Q3 2012+1.1%
Q1 2012-0.9%
Q1 2011-0.9%
Q2 2011+5.8%
Q4 2009+5.8%
Q4 2011+5.8%
Q3 2011-2.3%
Q3 2010-2.3%
Q2 2010+4.5%
Q4 2010+4.5%
Q1 2010-5.4%

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