LANHAM, Md. (AP) — LANHAM, Md. (AP) — Urban One Inc. (UONE) on Thursday reported profit of $2.9 million in its first quarter.

The Lanham, Maryland-based company said it had net income of 6 cents per share. Earnings, adjusted for asset impairment costs, came to 34 cents per share.

The broadcast media company that serves African-American and urban listeners posted revenue of $109.9 million in the period.

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