Urban One, Inc. Reports Net Income of $39.96 Million for 2022
Urban One, Inc. Achieves Record Revenue of $484.60 Million in 2022
By USInMinutes
Published - Jul 24, 2023, 08:44 AM ET
Last Updated - Jul 24, 2023, 08:44 AM EDT
Urban One, Inc.(UONEk), a leading media compan y specializing in radio broadcasting and diversified entertainment, has released its consolidated financial statements for the year ended December 31, 2022. The financial data reveals a successful year for the company, showcasing both its net income and revenue figures.
Net Income
Urban One, Inc. has announced a net income of $39.96 million for the year 2022. This marks a positive milestone for the company, demonstrating its strong financial performance and growth in the face of dynamic market challenges.
The net income figure reflects the company's ability to manage its operating expenses, maintain steady revenue streams, and seize growth opportunities in the media and entertainment industry.