UONEK - Urban One GAAP EPS of $0.08 revenue of $121.4M
- Urban One press release ( NASDAQ: UONEK ): Q3 GAAP EPS of $0.08.
- Revenue of $121.4M (+8.9% Y/Y).
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Interest expense decreased to approximately $15.3 million for the quarter ended September 30, 2022 compared to approximately $15.9 million for the quarter ended September 30, 2021.
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The Company made cash interest payments of approximately $29.9 million for the quarter ended September 30, 2022, compared to cash interest payments of approximately $31.6 million on its outstanding debt for the quarter ended September 30, 2021.
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During the quarter ended September 30, 2022, the Company repurchased approximately $25.0 million of its 2028 Notes at an average price of approximately 91.1% of par, resulting in a net gain on retirement of debt of approximately $1.8 million for the quarter ended September 30, 2022.
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During the three months ended September 30, 2022, the Company did not repurchase any shares of Class A common stock and repurchased 100,803 shares of Class D common stock in the amount of $439,000.
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Urban One GAAP EPS of $0.08, revenue of $121.4M