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Radio One Inc

Radio One Inc., which is now known as Urban One, Inc., is a multimedia company that primarily caters to the African-American and urban communities. The company is headquartered in Silver Spring, Maryland, and its stock is listed on the NASDAQ stock exchange under the ticker symbol ROIAK.

In terms of financial performance, Urban One has reported mixed results in recent years. The company's revenue has been generally trending downward since 2017, with a significant drop from $427 million in 2017 to $343 million in 2020. However, the company has been able to reduce its net losses in recent years, with a net loss of $19 million in 2020 compared to a net loss of $125 million in 2017.

In terms of earnings, Urban One's diluted earnings per share (EPS) have been negative in recent years, reflecting the company's net losses. The company's diluted EPS was -$1.63 in 2020, an improvement from -$10.07 in 2017.

Despite the challenges in revenue and earnings, Urban One has been able to maintain a strong cash position, with cash and cash equivalents of $70 million as of December 31, 2020. The company has also been able to reduce its long-term debt from $246 million in 2017 to $135 million in 2020.

In terms of growth, Urban One has been focusing on expanding its digital media platform, including its online audio and podcast services, as well as its television network, TV One. The company has also been looking for opportunities to expand its radio broadcasting business, including potential acquisitions.

Overall, while Urban One has faced some financial challenges in recent years, the company continues to have a strong presence in the media industry and is well-positioned to take advantage of opportunities for growth and expansion in the future.