SILVER SPRING, Md. (AP) — SILVER SPRING, Md. (AP) — Urban One Inc. (UONEK) on Tuesday reported a loss of $7.1 million in its second quarter.
On a per-share basis, the Silver Spring, Maryland-based company said it had a loss of $1.58. Earnings, adjusted for one-time gains and costs, were 54 cents per share.
The broadcast media company that serves African-American and urban listeners posted revenue of $85.8 million in the period.
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