Urban One(UONEK) - 2024 Q3 - Quarterly Results

Exhibit 99.1 NEWS RELEASE November 12, 2024 Contact: Peter D. Thompson, EVP and CFO FOR IMMEDIATE RELEASE (301) 429-4638 Silver Spring, MD URBAN ONE, INC. REPORTS THIRD QUARTER 2024 RESULTS Silver Spring, MD: - Urban One, Inc. (NASDAQ: UONEK and UONE) today reported its results for the quarter ended September 30, 2024. For the three months ended September 30, 2024, net revenues were approximately $110.4 million, a decrease of 6.3% from the same period in 2023. The Company reported operating loss of approxim ...