Radio One posts 2nd-quarter loss of $13 million

MarketsAssociated Press

Radio One Inc. (ROIAK) on Thursday reported a loss of $13 million in its second quarter.

The Silver Spring, Maryland-based company said it had a loss of 27 cents per share.

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The broadcast media company that serves African-American and urban listeners posted revenue of $119.8 million in the period.

The company's shares closed at $2.69. A year ago, they were trading at $3.41.


Elements of this story were generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on ROIAK at


Keywords: Radio One, Earnings Report