Urban One Inc. reports $119.2 million loss in Q3
UONE Urban One Inc
$3.95 -2.71%
View chart & analysis → - 1Urban One Inc. recorded a loss of $119.2 million in the third quarter.
- 2Urban One Inc.'s loss per share for the third quarter is $26.39.
- 3Urban One Inc.'s revenue for the period was $88 million.
So what's the key point?
Urban One Inc. lost $119.2 million in the third quarter. This means the company spent much more money than it earned, resulting in poor performance.
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