AI brief of an SEC Form 8-K · URBAN ONE, INC. (UONE)
Urban One cuts 2026 EBITDA outlook to $40.0 million; Q3 loss hits $126.6 million
Urban One reported third-quarter 2026 net revenue of $88.0 million, down 5.0% from a year earlier, and an operating loss of $126.6 million driven by $128.9 million of impairment charges. The company lowered its 2026 Adjusted EBITDA forecast to $40.0 million from a prior range described as the mid-$50 million range. For shareholders, the revenue decline, the guidance cut and the large loss all point to weaker results than previously expected.
Key points
- Q3 2026 net revenue was $88.0 million, down 5.0% from $92.7 million; Adjusted EBITDA was $12.3 million versus $14.2 million a year earlier.
- Operating loss was $126.6 million, including $128.9 million of goodwill, intangible and long-lived asset impairments.
- Net loss attributable to common stockholders was $119.2 million, or $(26.39) per share, compared with $(0.64) per share a year earlier.
- 2026 Adjusted EBITDA guidance is now $40.0 million; management has identified at least $20.0 million of annualized cost savings.
The filing
CompanyURBAN ONE, INC. (UONE)
Form8-K, current report
Filed with the SECNov 10, 2026, 4:31 PM ET
Accession number0001628280-26-072780
Written by AI on Nov 10, 2026, 4:40 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.