ROIA Radio One, Inc. featured news, full reports, and detailed charts
Radio One, Inc. (ROIA) Wrap Up:
Radio One is one of the nation’s largest radio broadcasting companies and the largest broadcasting company primarily targeting African-American and urban listeners. While our primary source of revenue is the sale of local and national advertising for broadcast on our radio stations, we have recently engaged in a business and revenue diversification plan and have made acquisitions and investments in other complementary media properties. Over the past year, we have also been engaged in a $150.0 million non-strategic radio asset disposition plan. From December 2006 through 2007, we disposed of 18 stations in five markets pursuant to that plan. Currently, on a pro forma basis, after the closing of the sale of our Miami station, we will own and/or operate 54 radio stations located in 17 urban markets in the United States. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f02%2f29%2f0001041657-08-000008.html#FIS_BUSINESS"Radio One Inc. (ROIA:NASDAQ)
Snapshot of Radio One Inc. (ROIA)
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OPEN
$2.97
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PREVIOUS CLOSE
$2.97
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DAY HIGH
$2.99
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DAY LOW
$2.92
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52 WEEK HIGH
11/10/09 - $4.25
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52 WEEK LOW
02/24/09 - $0.20
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MARKET CAP
8.9M
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AVERAGE VOLUME 3 mo
29.7K
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DILUTED EPS TTM
$-0.41
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SHARES OUTSTANDING
3.0M
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ROIA Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
related news
ROIA Top Compensated Officers
Executives, Board Directors
Key developments for Radio One Inc. (ROIA)
Radio One Inc. announced that annual meeting of stockholders will be held on December 16, 2009, proposes to approve an amendment to company's certificate of incorporation to effect a reverse stock split across all classes of common stock by a ratio of not less than one-for-two and not more than one-for-fifty at any time prior to the next annual stockholders meeting, with the exact ratio to be set at a whole number within this range as determined by board of directors in its discretion.
Radio One Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company's net revenues were $75,504,000 against $86,156,000 a year ago. Operating income was $22,349,000 against operating loss of $315,635,000 a year ago. Income before (benefit) from provision for income taxes, non-controlling interest in income of subsidiaries and discontinued operations was $14,517,000 against loss before (benefit) from provision for income taxes, non-controlling interest in income of subsidiaries and discontinued operations of $325,143,000 a year ago. Net income from continuing operations was $16,025,000 against net loss from continuing operations of $265,492,000 a year ago. Net income from continuing operations attributable to common stockholders was $14,313,000 or $0.25 per basic and diluted share against net loss from continuing operations attributable to common stockholders of $266,752,000 or $2.82 per basic and diluted share a year ago. Net income attributable to common stockholders was $14,226,000 or $0.25 per basic and diluted share against net loss attributable to common stockholders of $266,113,000 or $2.81 per basic and diluted share a year ago. EBITDA was $27,270,000 against negative EBITDA of $306,523,000 a year ago. Adjusted EBITDA was $28,012,000 against $27,938,000 a year ago. Capital expenditures were $1.7 million against $2.8 million for the quarter ended September 30, 2008. For the nine months, the company's net revenues were $206,258,000 against $242,086,000 a year ago. Operating loss was $2,471,000 against $285,258,000 a year ago. Loss before (benefit) from provision for income taxes, non-controlling interest in income of subsidiaries and discontinued operations was $26,990,000 against $328,682,000 a year ago. Net loss from continuing operations was $34,330,000 against $287,690,000 a year ago. Net loss from continuing operations attributable to common stockholders was $37,980,000 or $0.61 per basic and diluted share against $290,831,000 or $2.99 per basic and diluted share a year ago. Net loss attributable to common stockholders was $37,998,000 or $0.61 per basic and diluted share against $296,639,000 or $3.05 per basic and diluted share a year ago. EBITDA was $14,155,000 against negative EBITDA of $277,467,000 a year ago. Adjusted EBITDA was $63,744,000 against $68,107,000 a year ago.
Radio One Inc. expected to Report Fiscal Year 2009 Results on February 15, 2010. This event was calculated by Capital IQ (Created on October 29, 2009).
ROIA Competitors
| Company | Last | Change |
| Cumulus Media Inc | $2.25 USD | 0.00 |
| Emmis Communications Corp | $1.14 USD | 0.00 |
| Entravision Communications Corp | $2.24 USD | -0.02 |
| Salem Communications Corp | $5.00 USD | -0.04 |
| Westwood One Inc | $4.20 USD | 0.00 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | ROIA | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.6x |
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| Price/Book | 0.6x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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ROIA |
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ROIA transactions
| Type Date |
Target |
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Private Placement
July 28, 2009 |
iBiquity Digital Corporation |
More Recent News About Radio One, Inc.
More news for ROIA
RADIO ONE INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
ITEM 8.01 Other Events On October 19, 2009, Radio One, Inc. (the "Company") reported that it had received a letter from The NASDAQ Stock Market advising it that the Company's Class D, shares traded under the symbol ROIAK, had regained compliance with NASDAQ's minimum bid price listing requirements and were in good standing on The NASDAQ Global Market. Previously, on October 20, 2008, Radio One had received a notice of deficiency with respect to the Class D shares from NASDAQ notifying the Company that for the 30 consecutive business days preceding the date of the letter, the bid price of the Company's common stock had closed below the $1.00 per share minimum bid price required for continued listing, and that the Class D shares had 180 days to regain compliance by meeting or exceeding the minimum bid price for a period of at least 10 consecutive trading days. Enforcement of the rules had been suspended by NASDAQ until August 3, 2009 due to the economic environment. The letter received from NASDAQ on October 15, 2009 stated that because the Class D shares closed above the $1.00 minimum bid price for the 10 consecutive trading days ended October 14, 2009, the Company had regained compliance and the matter was now closed. Nasdaq also confirmed that the Company's Class A shares, traded under the symbol ROIA on The NASDAQ Capital Market, were in compliance with The NASDAQ Stock Market's continued listing rules. Shares of ROIA and ROIAK common stock closed on October 16, 2009 at $1.85 and $1.66 per share, respectively. Forward-Looking Statements Certain statements in this Current Report on Form 8-K constitute forward-looking statements that involve a number of known and unknown risks, uncertainties and other factors that may cause such forward-looking statements not to be realized. Factors that could cause actual results to differ materially from the forward-looking statements include changes to the listing standards, policies and procedures of the Nasdaq Global and C...Click here to read the whole Article (external link)
RADIO ONE INC Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations The following information should be read in conjunction with "Selected Financial Data" and the Consolidated Financial Statements and Notes thereto included elsewhere in this report and the audited financial statements and Management's Discussion and Analysis contained in our Annual Report on Form 10-K/A for the year ended December 31, 2008. Introduction Revenue We primarily derive revenue from the sale of advertising time and program sponsorships to local and national advertisers on our radio stations. Advertising revenue is affected primarily by the advertising rates our radio stations are able to charge, as well as the overall demand for radio advertising time in a market. These rates are largely based upon a radio station's audience share in the demographic groups targeted by advertisers, the number of radio stations in the related market, and the supply of, and demand for, radio advertising time. Advertising rates are generally highest during morning and afternoon commuting hours. During the three and nine months ended September 30, 2009, approximately 53.4% and 55.4% of our net revenue was generated from local advertising and approximately 36.9% and 37.0% was generated from national advertising, including network advertising. In comparison, during the three months and nine months ended September 30, 2008, approximately 52.4% and 56.5% of our net revenue was generated from local advertising and approximately 37.6% and 36.5% was generated from national advertising, including network advertising. National advertising also includes advertising revenue generated from our internet and publishing segments. The balance of revenue was generated from tower rental income, ticket sales and revenue related to our sponsored events, management fees, magazine subscriptions, newsstand revenue and other revenue. In the broadcasting industry, radio stati...Click here to read the whole Article (external link)
RADIO ONE INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
Show all filings for RADIO ONE INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for RADIO ONE INC 30-Oct-2009Results of Operations and Financial Condition, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as i...Click here to read the whole Article (external link)
RADIO ONE INC Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)