Urban One Q2 FY26 net loss narrows to $7.1 million; revenue falls 6.4% to $85.8 million
Outlook and debt repurchase
Management cut its 2026 Adjusted EBITDA outlook to the mid-USD 50 million range; it repurchased USD 23.5 million of 2031 Second Lien Notes.
Urban One reports Q2 FY26 results
- Urban One posted Q2 2026 net revenue of USD 85.8 million, down 6.4% year over year.
- Net loss narrowed to USD 7.1 million, or USD 1.58 per share, from a loss of USD 77.9 million a year earlier.
- Operating loss improved to USD 11.2 million from USD 120.7 million, helped by a smaller impairment charge of USD 14.2 million.
- Adjusted EBITDA fell to USD 11.7 million from USD 14 million; Cable Television revenue dropped 7.4% while Radio declined 3.9%.
