Radio One (NASDAQ:UONE) Posts Quarterly Earnings Results

Key Points

• Radio One reported a quarterly earnings per share of $0.49 with revenues of $91.63 million.
• The company's net margin stands at -28.49% despite achieving a positive return on equity of 13.51%.
• As of Thursday, UONE stock has increased by 3.1%, reaching a trading price of $1.66.

Radio One (NASDAQ:UONE - Get Free Report) released its earnings results on Wednesday. The company reported $0.49 earnings per share for the quarter, Zacks reports. Radio One had a positive return on equity of 13.04% and a negative net margin of 38.19%. The company had revenue of $91.63 million during the quarter.

Radio One Trading Down 1.2%

Shares of NASDAQ UONE traded down $0.02 during midday trading on Friday, reaching $1.64. The company had a trading volume of 21,905 shares, compared to its average volume of 18,966. Radio One has a one year low of $1.23 and a one year high of $2.24. The company has a quick ratio of 2.96, a current ratio of 2.64 and a debt-to-equity ratio of 5.94. The firm's fifty day moving average price is $1.66 and its 200-day moving average price is $1.54. The stock has a market cap of $74.90 million, a PE ratio of -0.47 and a beta of -0.09.

Radio One Company Profile

Urban One, Inc, together with its subsidiaries, operates as an urban-oriented multi-media company in the United States. The company operates through four segments: Radio Broadcasting, Cable Television, Reach Media, and Digital. The Radio Broadcasting segment includes radio broadcasting operations that primarily target African-American and urban listeners.