Add African American-centric multimedia company and casino resort owner-operator Urban One to the list of companies that enjoyed a strong second quarter of 2022.
That said, there is some particular shakiness for the company’s heritage radio stations, as net income shrunk in the three-month period ending June 30.
No matter. The company led by Alfred Liggins III expressed pleasure with its Q2 ’22 results even with the slowdown in the radio business. Investors were happy, sending UONE up sharply in trading on Wednesday.