LANHAM, Md. (AP) — LANHAM, Md. (AP) — Urban One Inc. (UONE) on Thursday reported a loss of $35.7 million in its fourth quarter.
The Lanham, Maryland-based company said it had a loss of 78 cents per share. Losses, adjusted for asset impairment costs, were 25 cents per share.
The broadcast media company that serves African-American and urban listeners posted revenue of $117.1 million in the period.
For the year, the company reported a loss of $105.4 million, or $2.22 per share. Revenue was reported as $449.7 million.
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