Urban One: Q4 Earnings Snapshot

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LANHAM, Md. (AP) _ Urban One Inc. (UONE) on Thursday reported fourth-quarter net income of $26.4 million, after reporting a loss in the same period a year earlier.

The Lanham, Maryland-based company said it had net income of 55 cents per share.

The broadcast media company that serves African-American and urban listeners posted revenue of $113.5 million in the period.

For the year, the company reported a loss of $8.1 million, or 18 cents per share, swinging to a loss in the period. Revenue was reported as $376.3 million.

Urban One shares have risen 41% since the beginning of the year. The stock has nearly quadrupled in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UONE at https://www.zacks.com/ap/UONE