Urban One, Inc. Reports Net Income of $39.9 Million for 2022

Urban One, Inc., (UONE) a leading media company focused on urban markets, has released its consolidated financial statements for the year ended December 31, 2022. The company reported a net income of $39.9 million for the year, demonstrating solid financial performance. Furthermore, Urban One generated revenue of $484.6 million, reflecting its strong market presence and effective business strategies.

Financial Highlights

- Net income for the year ended December 31, 2022, amounted to $39.9 million, showcasing Urban One's profitability.

- The company achieved revenue of $484.6 million, a substantial increase compared to the previous year's revenue of $440.3 million.