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Radio One, Inc. (NASDAQ: UONE) Undergoes Reverse Stock Split
Financial Modeling Prep· 2026-01-23 10:04
Core Viewpoint - Radio One, Inc. is implementing a 10-for-1 reverse stock split to comply with Nasdaq's minimum bid price requirement, aiming to stabilize its stock price and improve market perception [1][2][6] Company Overview - Radio One, Inc. is a media company focused on radio broadcasting for African American audiences, competing with major players like iHeartMedia and Cumulus Media [1] - The company's stock opened at $0.87, with a market capitalization of approximately $39 million [3] Financial Performance - In the latest earnings report, Radio One reported a loss of $0.06 per share and a negative net margin of 32.55%, while achieving a positive return on equity of 1.85% [5] - The company generated revenue of $92.68 million for the quarter [5] Stock and Market Metrics - The stock's price-to-earnings (PE) ratio is -0.31, indicating negative earnings, and it has a beta of 0.38, suggesting lower volatility compared to the broader market [3][6] - Over the past year, the stock fluctuated between a low of $0.87 and a high of $1.90 [3] Liquidity and Leverage - Radio One has a current and quick ratio of 2.59, indicating a strong liquidity position [4][6] - The company has a high debt-to-equity ratio of 6.14, reflecting significant leverage [4][6] Stock Split Details - The reverse stock split will take effect at 11:59 p.m. on January 22, 2026, with trading on a split-adjusted basis commencing shortly thereafter [5]