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URBAN ONE, INC. REPORTS SECOND QUARTER 2026 RESULTS

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SILVER SPRING, Md., Aug. 4, 2026 /PRNewswire/ — Urban One, Inc. (NASDAQ: UONEK and UONE, referred to as, “Urban One,” the “Company”, “we”, “our” and/or “us”) today reported its results for the three months ended June 30, 2026. For the three months ended June 30, 2026, net revenue was approximately $85.8 million, a decrease of 6.4% from the same period in 2025. The Company reported operating loss of approximately $11.2 million for the three months ended June 30, 2026, compared to operating loss of approximately $120.7 million for the three months ended June 30, 2025. Broadcast and digital operating income(1) was approximately $22.2 million for the three months ended June 30, 2026, a decrease of $3.5 million from the same period in 2025. Net loss was approximately $7.1 million or $(1.58) per share (basic) for the three months ended June 30, 2026, compared to net loss of $77.9 million or $(17.41)(a) per share (basic) for the same period in 2025. Adjusted EBITDA(2) was approximately $11.7 million for the three months ended June 30, 2026, compared to approximately $14.0 million for the same period in 2025.

Alfred C. Liggins, III, Urban One’s CEO and President stated, “We saw some sequential improvement in the second quarter compared to the first quarter, with lower rates of revenue decline. Cable Television was down 7.4%, Digital was down 8.4%, Radio was down 3.9%, and Reach Media dropped by 10.6%. In Radio, our Miller Kaplan local Radio revenues were down 10.1% year-over-year vs. the market down 7.8%; and national was down 1.5% vs. the market down 4.6%. Including local digital, second quarter Radio revenue was down 4.9%. We did approximately $1.4 million in gross political advertising in the second quarter. Radio third quarter is pacing down 2.8%. We remain in a turnaround situation at Reach Media, where we continue to be impacted by a weak marketplace, key client attrition and sales team re-building. We continue to closely manage cash flows from operations, with concerted efforts to collect receivables and manage discretionary vendor spend. During the three months ended June 30, 2026, the Company repurchased approximately $23.5 million of its 2031 Second Lien Notes at a weighted average price of approximately 42.0% of par. Year-to-date, that is a total reduction in long-term debt of $60.2 million for an annual interest savings of $4.6 million and an increase in short-term debt of $10.0 million. During the quarter we completed the disposition of WLNK and WMXG in Charlotte. Our revised Adjusted EBITDA(2) guide for 2026 is now in the mid-fifty-million dollar range, given the realities of the current marketplace.”

Three Months Ended June 30, 

Six Months Ended June 30, 

2026

2025

2026

2025

(Unaudited)

(Unaudited)

CONSOLIDATED STATEMENTS OF
OPERATIONS

(In thousands, except share data)

(In thousands, except share data)

NET REVENUE

$        85,757

$      91,631

$       163,408

$        183,866

OPERATING EXPENSES

Programming and technical, excluding stock-based
compensation

29,774

28,647

59,779

59,245

Selling, general and administrative, excluding stock-
based compensation

45,201

49,493

88,684

99,598

Stock-based compensation

1,680

574

1,881

1,250

Depreciation and amortization

6,184

3,523

12,361

5,838

Impairment of goodwill, intangible assets and long-
lived assets

14,157

130,078

14,157

136,521

Total operating expenses

96,996

212,315

176,862

302,452

Operating loss

(11,239)

(120,684)

(13,454)

(118,586)

INTEREST AND INVESTMENT INCOME

—

616

8

1,582

INTEREST EXPENSE

(2,070)

(9,704)

(6,477)

(20,628)

GAIN ON SALE OF BUSINESS

4,671

—

4,671

—

GAIN ON RETIREMENT OF DEBT

—

30,297

2,080

41,884

OTHER (EXPENSE) INCOME, NET

(43)

124

(51)

316

Loss before benefit from income taxes

(8,681)

(99,351)

(13,223)

(95,432)

BENEFIT FROM INCOME TAXES

1,703

21,382

3,144

5,724

NET LOSS

(6,978)

(77,969)

(10,079)

(89,708)

NET INCOME (LOSS) ATTRIBUTABLE TO NON-
CONTROLLING INTERESTS

95

(67)

73

(64)

NET LOSS ATTRIBUTABLE TO COMMON
STOCKHOLDERS

$       (7,073)

$    (77,902)

$       (10,152)

$       (89,644)

Weighted-average shares outstanding – basic(3, a)

4,470,542

4,473,831

4,460,275

4,476,828

Weighted-average shares outstanding – diluted(4, a)

4,470,542

4,473,831

4,460,275

4,476,828

(a) Weighted-average shares outstanding used in the computation of basic and diluted net loss to common stockholders per share have been retroactively adjusted to reflect the 1-for-10 Reverse Stock Split that occurred on January 22, 2026.

Detailed segment data for the three and six months ended June 30, 2026 and 2025 is presented in the following tables:

Three Months Ended
June 30, 2026

(In thousands, unaudited)

Consolidated

Radio
Broadcasting

Reach Media

Digital

Cable
Television

Corporate/
Eliminations/
Other

NET REVENUE

$      85,757

$      35,276

$       4,754

$       9,397

$      37,121

$        (791)

Less/(add):

Programming and technical

29,774

10,910

3,203

3,127

12,704

(170)

Sales and marketing

24,982

11,641

1,905

5,858

5,913

(335)

General and administrative

20,219

6,724

673

514

4,299

8,009

Add back:

Severance-related costs

85

51

—

10

—

24

Other costs

856

236

—

—

—

620

Adjusted EBITDA(2)

$     11,723

$       6,288

$      (1,027)

$         (92)

$     14,205

$      (7,651)

 

Three Months Ended
June 30, 2025

(In thousands, unaudited)

Consolidated

Radio
Broadcasting

Reach Media

Digital

Cable
Television

Corporate/
Eliminations/
Other

NET REVENUE

$     91,631

$     36,693

$       5,315

$     10,254

$     40,070

$        (701)

Less/(add):

Programming and technical

28,647

9,993

3,178

3,267

12,372

(163)

Sales and marketing

28,310

13,389

3,053

6,572

5,831

(535)

General and administrative

21,183

6,373

735

561

3,811

9,703

Add back:

Other costs

469

—

—

—

—

469

Adjusted EBITDA(2)

$     13,960

$       6,938

$     (1,651)

$       (146)

$      18,056

$     (9,237)

 

Six Months Ended
June 30, 2026

(In thousands, unaudited)

Consolidated

Radio
Broadcasting

Reach Media

Digital

Cable
Television

Corporate/
Eliminations/
Other

NET REVENUE

$     163,408

$      65,811

$        9,614

$      16,185

$      73,154

$     (1,356)

Less/(add):

Programming and technical

59,779

22,516

6,286

6,168

25,150

(341)

Sales and marketing

48,798

22,159

3,546

10,486

13,317

(710)

General and administrative

39,886

13,365

1,409

1,001

7,538

16,573

Add back:

Severance-related costs

219

99

72

16

—

32

Other costs

1,215

237

—

—

—

978

Adjusted EBITDA(2)

$      16,379

$       8,107

$      (1,555)

$      (1,454)

$      27,149

$    (15,868)

 

Six Months Ended
June 30, 2025

(In thousands, unaudited)

Consolidated

Radio
Broadcasting

Reach Media

Digital

Cable
Television

Corporate/
Eliminations/
Other

NET REVENUE

$     183,866

$      69,303

$      11,168

$      20,466

$      84,263

$      (1,334)

Less/(add):

Programming and technical

59,245

21,286

6,546

6,454

25,281

(322)

Sales and marketing

57,386

24,935

5,178

13,359

14,927

(1,013)

General and administrative

42,212

13,423

1,761

745

7,406

18,877

Add back/(deduct):

Severance-related costs

219

77

114

3

(1)

26

Other costs

1,575

50

1

1

—

1,523

Adjusted EBITDA(2)

$      26,817

$       9,786

$      (2,202)

$         (88)

$      36,648

$    (17,327)

 

Three Months Ended June 30, 

Six Months Ended June 30, 

2026

2025

2026

2025

(Unaudited)

(Unaudited)

PER SHARE DATA – basic and diluted:

(In thousands, except per share
data)

(In thousands, except per share
data)

Net loss attributable to common stockholders (basic)(a)

$         (1.58)

$      (17.41)

$         (2.28)

$      (20.02)

Net loss attributable to common stockholders (diluted)(a)

$         (1.58)

$      (17.41)

$         (2.28)

$      (20.02)

Broadcast and digital operating income(1)

$       22,152

$      25,664

$       37,016

$     48,680

Broadcast and digital operating income(1) reconciliation:

Net loss attributable to common stockholders

$       (7,073)

$     (77,902)

$      (10,152)

$    (89,644)

Add back/(deduct) certain non-broadcast and digital
operating income items included in net loss:

Interest and investment income

—

(616)

(8)

(1,582)

Interest expense

2,070

9,704

6,477

20,628

Benefit from income taxes

(1,703)

(21,382)

(3,144)

(5,724)

Corporate selling, general and administrative
expenses(b)

11,370

12,173

22,071

23,657

Stock-based compensation

1,680

574

1,881

1,250

Gain on sale of business

(4,671)

—

(4,671)

—

Gain on retirement of debt

—

(30,297)

(2,080)

(41,884)

Other expense (income), net

43

(124)

51

(316)

Depreciation and amortization

6,184

3,523

12,361

5,838

Net income (loss) attributable to non-controlling
interests

95

(67)

73

(64)

Impairment of goodwill, intangible assets and long-
lived assets

14,157

130,078

14,157

136,521

Broadcast and digital operating income(1)

$        22,152

$       25,664

$        37,016

$      48,680

Adjusted EBITDA(2)

$        11,723

$       13,960

$        16,379

$      26,817

Adjusted EBITDA(2) reconciliation:

Net loss attributable to common stockholders

$        (7,073)

$     (77,902)

$      (10,152)

$    (89,644)

Interest and investment income

—

(616)

(8)

(1,582)

Interest expense

2,070

9,704

6,477

20,628

Benefit from income taxes

(1,703)

(21,382)

(3,144)

(5,724)

Depreciation and amortization

6,184

3,523

12,361

5,838

EBITDA(2)

(522)

(86,673)

5,534

(70,484)

Stock-based compensation

1,680

574

1,881

1,250

Gain on sale of business

(4,671)

—

(4,671)

—

Gain on retirement of debt

—

(30,297)

(2,080)

(41,884)

Other expense (income), net

43

(124)

51

(316)

Net income (loss) attributable to non-controlling
interests

95

(67)

73

(64)

Corporate costs(c)

856

362

1,215

1,109

Severance-related costs

85

—

219

219

Impairment of goodwill, intangible assets and long-
lived assets

14,157

130,078

14,157

136,521

Loss from ceased non-core businesses initiatives

—

107

—

466

Adjusted EBITDA(2)

$        11,723

$       13,960

$        16,379

$      26,817

(a)

Weighted-average shares outstanding used in the computation of basic and diluted net loss to common stockholders per share have been retroactively adjusted to reflect the 1-for-10 Reverse Stock Split that occurred on January 22, 2026.

(b)

Corporate selling, general and administrative expenses consist of expenses associated with our corporate headquarters and facilities, including personnel as well as other corporate overhead functions.

(c)

Corporate costs primarily include professional fees related to the material weakness remediation efforts as well as legal costs related to acquisition activities.

 

As of June 30, 2026

As of December 31, 2025

(In thousands)

SELECTED CONSOLIDATED BALANCE SHEET DATA:

Cash and cash equivalents and restricted cash

$               16,202

$               26,358

Intangible assets, net(a)

257,116

279,653

Total assets

551,512

592,994

Total long-term debt, net

399,298

429,742

Short-term borrowings under the asset-backed facility

20,000

10,000

Total liabilities

532,284

565,760

Total stockholders’ equity

16,313

24,603

Redeemable non-controlling interests(b)

—

2,631

Non-controlling interests(c)

2,915

—

(a)

Intangible assets, net include Goodwill, net, Radio Broadcasting Licenses, net, Other Intangible Assets, net, and Current Portion of Launch Assets, net.

(b)

On February 25, 2026, Reach Media closed on the Put Interest increasing the Company’s interest in Reach Media to 100.0%. Reach Media paid the last of the non-controlling interest shareholders approximately $1.3 million for the 5.4% interest.

(c)

Non-controlling interests represent the legal ownership of a radio station operated under a Local Programming and Marketing Agreement and Option Agreement under the variable interest entity guidance effective April 1, 2026.

 

As of June 30, 2026

As of December 31, 2025

(In thousands)

SELECTED LEVERAGE DATA:

10.500% First Lien Senior Secured Notes due 2030(a, c)

$                60,600

$                60,600

7.625% Second Lien Secured Notes due 2031(a, c)

235,113

291,020

7.375% senior secured notes due February 2028(b)

7,516

11,816

Total principal outstanding on long-term debt

303,229

363,436

Less: Unamortized debt issuance costs

(2,479)

(2,868)

Add: Premium(c)

98,548

69,174

Long-term debt, net

$              399,298

$              429,742

Short-term borrowings under the asset-backed facility

$                20,000

$                10,000

(a)

The 2030 First Lien Notes and 2031 Second Lien Notes pay interest semiannually on April 1 and October 1 of each year in arrears.

(b)

Subsequent to the effectiveness of the supplemental indenture on December 18, 2025, these notes are no longer secured. While these notes are styled as senior secured notes they are no longer secured by collateral. The 2028 Notes pay interest semiannually on February 1 and August 1 of each year in arrears.

(c)

The 2030 First Lien Notes and 2031 Second Lien Notes are accounted for under Accounting Standards Codification No. 470-60, Troubled Debt Restructurings by Debtors.

During the three months ended June 30, 2026, the Company repurchased approximately $23.5 million of its 2031 Second Lien Notes at a weighted average price of approximately 42.0% of par. As the 2031 Second Lien Notes are accounted under Accounting Standards Codification No. 470-60, Troubled Debt Restructurings by Debtors, no gain was recorded. Instead, the Company recorded an additional premium of $13.6 million, which is included in long-term debt, net on the Company’s consolidated balance sheets.

The Company made two additional draws of $5.0 million each for a total of $10.0 million in the second quarter of 2026, payable at an interest rate of approximately 6.75% and 6.01%. After giving effect to the outstanding $20.0 million drawdown and adjustments to account for the Borrowing Base, the Company’s borrowing capacity was approximately $26.1 million as of June 30, 2026.

The Company further made an additional draw of $7.0 million in the third quarter of 2026, payable at an interest rate of approximately 6.12%. The Company repaid the May 2026 draw of $5.0 million on August 2, 2026. After giving effect to the additional draw of $7.0 million, the $5.0 million repayment, and adjustments to account for the Borrowing Base, the Company’s borrowing capacity was approximately $24.1 million.

Dispositions and Acquisitions

In March 2026, the Company entered into agreements to sell its WMXG and WLNK-FM radio broadcasting licenses in Charlotte, North Carolina along with the associated station assets from the Radio Broadcasting segment to unrelated third parties for approximately $0.7 million and $4.2 million, respectively. FCC approval was obtained on May 13, 2026 for the WMXG station and on May 12, 2026 for the WLNK-FM station. The Company completed both sales on June 1, 2026 and recognized a gain of $4.7 million, which is included in Gain On Sale Of Business in the unaudited consolidated statement of operations for the three and six months ended June 30, 2026.

On April 28, 2026, the Company entered into an agreement to acquire Service Broadcasting Group, LLC, including radio stations KKDA and KRNB in Dallas, Texas for $22.0 million. At the same time, the Company also entered into an agreement to sell radio station KZMJ from the Radio Broadcasting segment to Fuzion Dallas, LLC for $6.0 million.

FCC approval was obtained on June 23, 2026 and the Company completed the sale of KZMJ on July 6, 2026. The Company recognized a gain of $3.2 million on the KZMJ disposition in the third quarter of 2026. FCC approval was obtained on June 26, 2026 for the Service Broadcasting Group, LLC acquisition and the acquisition was completed on July 17, 2026.

Cautionary Note Regarding Forward-Looking Statements

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements represent management’s current expectations and are based upon information available to Urban One at the time of this release. These forward-looking statements involve known and unknown risks, uncertainties, and other factors, some of which are beyond Urban One’s control, which may cause the actual results to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially are described in Urban One’s reports on Forms 10-K, 10-Q, 8-K and other filings with the Securities and Exchange Commission (the “SEC”). Urban One does not undertake any duty to update any forward-looking statements.

For the three months ended June 30, 2026, we recognized approximately $85.8 million in net revenue compared to approximately $91.6 million during the three months ended June 30, 2025. These amounts are net of agency commissions. We recognized approximately $35.3 million of revenue from our Radio Broadcasting segment during the three months ended June 30, 2026, compared to approximately $36.7 million for the three months ended June 30, 2025, a decrease of approximately $1.4 million. This decrease was primarily driven by weaker overall market demand from the national and local advertisers. We recognized approximately $4.8 million of revenue from our Reach Media segment during the three months ended June 30, 2026, compared to approximately $5.3 million for the three months ended June 30, 2025, a decrease of approximately $0.5 million. This decrease was primarily driven by a decrease in syndicated revenue. We recognized approximately $9.4 million of revenue from our Digital segment during the three months ended June 30, 2026, compared to approximately $10.3 million during the three months ended June 30, 2025, a decrease of approximately $0.9 million. The decrease was primarily driven by the decrease in direct revenue streams, reflecting reduced advertising spend from diversity, equity and inclusion-focused campaigns. We recognized approximately $37.1 million of revenue from our Cable Television segment during the three months ended June 30, 2026, compared to approximately $40.1 million during the three months ended June 30, 2025, a decrease of approximately $3.0 million. The decrease was primarily driven by the churn of subscribers and lower advertising sales.

The following charts indicate the sources of our net revenues for the three and six months ended June 30, 2026:

Three Months Ended June 30, 

2026

2025

$ Change

% Change

(In thousands, unaudited)

Net revenue:

Radio advertising

$       34,732

$       38,627

$      (3,895)

(10.1) %

Political advertising

1,243

254

989

*NM

Digital advertising

9,386

10,241

(855)

(8.3) %

Cable Television advertising

20,773

22,977

(2,204)

(9.6) %

Cable Television affiliate fees

16,286

17,061

(775)

(4.5) %

Event revenues & other

3,337

2,471

866

35.0 %

Net revenue

$       85,757

$       91,631

$     (5,874)

(6.4) %

*NM – Not meaningful

 

Six Months Ended June 30, 

2026

2025

$ Change

% Change

(In thousands, unaudited)

Net revenue:

Radio advertising

$        66,856

$       74,844

$      (7,988)

(10.7) %

Political advertising

2,143

404

1,739

*NM

Digital advertising

16,170

20,452

(4,282)

(20.9) %

Cable Television advertising

39,868

48,402

(8,534)

(17.6) %

Cable Television affiliate fees

33,163

35,778

(2,615)

(7.3) %

Event revenues & other

5,208

3,986

1,222

30.7 %

Net revenue

$      163,408

$     183,866

$    (20,458)

(11.1) %

*NM – Not meaningful.

Operating expenses, excluding depreciation and amortization, stock-based compensation, and impairment of goodwill, intangible assets and long-lived assets, were approximately $75.0 million for the three months ended June 30, 2026, compared to approximately $78.1 million for the comparable period in 2025. Operating expenses were down by approximately 4.1%, driven mainly by revenue-related variable expenses such as media monitoring, traffic acquisition costs, bad debt reserve, as well as third-party professional fees.

Impairment of goodwill, intangible assets and long-lived assets was approximately $14.2 million for three months ended June 30, 2026, compared to $130.1 million for the three months ended June 30, 2025. The impairment loss of $14.2 million during the three months ended June 30, 2026 represents approximately $13.9 million goodwill impairment charge related to the Reach Media reporting unit and approximately $0.3 million impairment charge related to the long-lived asset of Reach Media.

Depreciation and amortization expense was approximately $6.2 million for the three months ended June 30, 2026, compared to approximately $3.5 million for the three months ended June 30, 2025, an increase of approximately $2.7 million. This increase is primarily driven by the Radio Broadcasting licenses amortization, which the Company started to amortize effective June 1, 2025.

Interest expense was approximately $2.1 million for the three months ended June 30, 2026, compared to approximately $9.7 million for the three months ended June 30, 2025, a decrease of approximately $7.6 million. This decrease was due to lower overall debt balances outstanding and lower effective interest rates. The Company recognizes interest expense using an effective interest rate of approximately 5.32% on the 2030 First Lien Notes, 0.15% on the 2031 Second Lien Notes, and 7.71% on the 2028 Notes for the three months ended June 30, 2026. The effective interest rates on the 2030 First Lien Notes and 2031 Second Lien Notes differ from the contractual interest payment primarily as a result of the accounting for these debt instruments under Accounting Standards Codification No. 470-60, Troubled Debt Restructurings by Debtors.

For the three months ended June 30, 2026, we recorded a benefit from income taxes of approximately $1.7 million on the pre-tax loss of approximately $8.7 million resulting in an actual effective tax rate of 19.6%. For the three months ended June 30, 2025, we recorded a benefit from income taxes of approximately $21.4 million on pre-tax loss of approximately $99.4 million resulting in an actual effective tax rate of 21.5%, which includes $6.4 million of discrete tax expense related to the change of accounting estimate for radio broadcasting licenses that impacted our valuation allowance.

Other pertinent financial information includes capital expenditures of approximately $1.7 million and $1.2 million for the three months ended June 30, 2026 and 2025, respectively. The increase in capital expenditure is driven by the build-out of a studio in the Indianapolis radio market.

Supplemental Financial Information:

For comparative purposes, the following more detailed statements of operations for the three and six months ended June 30, 2026 are included.

Three Months Ended June 30, 2026

(In thousands, unaudited)

Consolidated

Radio

Broadcasting

Reach

Media

Digital

Cable

Television

All Other –

Corporate/

Eliminations

NET REVENUE

$     85,757

$     35,276

$       4,754

$       9,397

$     37,121

$       (791)

OPERATING EXPENSES:

Programming and technical

29,774

10,910

3,203

3,127

12,704

(170)

Selling, general and
administrative

45,201

18,365

2,578

6,372

10,213

7,673

Stock-based compensation

1,680

44

13

25

781

817

Depreciation and amortization

6,184

4,919

23

379

674

189

Impairment of goodwill,
intangible assets and long-lived
assets

14,157

—

14,157

—

—

—

Total operating expenses

96,996

34,238

19,974

9,903

24,372

8,509

Operating (loss) income

(11,239)

1,038

(15,220)

(506)

12,749

(9,300)

INTEREST EXPENSE

(2,070)

(2)

—

—

—

(2,068)

GAIN ON SALE OF
BUSINESS

4,671

4,671

—

—

—

—

OTHER EXPENSE, NET

(43)

(43)

—

—

—

—

(Loss) income before benefit
from (provision for) income
taxes

(8,681)

5,664

(15,220)

(506)

12,749

(11,368)

BENEFIT FROM (PROVISION
FOR) INCOME TAXES

1,703

(1,513)

515

115

(2,790)

5,376

NET (LOSS) INCOME

(6,978)

4,151

(14,705)

(391)

9,959

(5,992)

NET INCOME
ATTRIBUTABLE TO NON-
CONTROLLING INTERESTS

95

95

—

—

—

—

NET (LOSS) INCOME
ATTRIBUTABLE TO
COMMON STOCKHOLDERS

(7,073)

4,056

(14,705)

(391)

9,959

(5,992)

Adjusted EBITDA(2)

$     11,723

$       6,288

$     (1,027)

$        (92)

$     14,205

$     (7,651)

 

Three Months Ended June 30, 2025

(In thousands, unaudited)

Consolidated

Radio

Broadcasting

Reach

Media

Digital

Cable

Television

All Other –

Corporate/

Eliminations

NET REVENUE

$     91,631

$     36,693

$       5,315

$     10,254

$     40,070

$       (701)

OPERATING EXPENSES:

Programming and technical

28,647

9,993

3,178

3,267

12,372

(163)

Selling, general and
administrative

49,493

19,762

3,788

7,133

9,642

9,168

Stock-based compensation

574

133

23

73

201

144

Depreciation and amortization

3,523

2,278

33

393

675

144

Impairment of goodwill and
intangible assets

130,078

125,187

—

4,891

—

—

Total operating expenses

212,315

157,353

7,022

15,757

22,890

9,293

Operating (loss) income

(120,684)

(120,660)

(1,707)

(5,503)

17,180

(9,994)

INTEREST AND INVESTMENT
INCOME

616

—

—

—

—

616

INTEREST EXPENSE

(9,704)

(2)

(145)

—

—

(9,557)

GAIN ON RETIREMENT OF
DEBT

30,297

—

—

—

—

30,297

OTHER INCOME, NET

124

108

—

—

—

16

(Loss) income before benefit
from (provision for) income taxes

(99,351)

(120,554)

(1,852)

(5,503)

17,180

11,378

BENEFIT FROM (PROVISION
FOR) INCOME TAXES

21,382

28,579

13

1,792

(3,693)

(5,309)

NET (LOSS) INCOME

(77,969)

(91,975)

(1,839)

(3,711)

13,487

6,069

NET LOSS ATTRIBUTABLE
TO NON-CONTROLLING
INTERESTS

(67)

—

(67)

—

—

—

NET (LOSS) INCOME
ATTRIBUTABLE TO
COMMON STOCKHOLDERS

(77,902)

(91,975)

(1,772)

(3,711)

13,487

6,069

Adjusted EBITDA(2)

$     13,960

$       6,938

$    (1,651)

$       (146)

$     18,056

$     (9,237)

 

Six Months Ended June 30, 2026

(In thousands, unaudited)

Consolidated

Radio

Broadcasting

Reach

Media

Digital

Cable

Television

All Other –

Corporate/

Eliminations

NET REVENUE

$    163,408

$     65,811

$       9,614

$     16,185

$     73,153

$     (1,355)

OPERATING EXPENSES:

Programming and technical

59,779

22,516

6,286

6,168

25,150

(341)

Selling, general and
administrative

88,684

35,524

4,957

11,486

20,854

15,863

Stock-based compensation

1,881

87

25

50

781

938

Depreciation and amortization

12,361

9,799

56

775

1,348

383

Impairment of goodwill,
intangible assets and long-lived
assets

14,157

—

14,157

—

—

—

Total operating expenses

176,862

67,926

25,481

18,479

48,133

16,843

Operating (loss) income

(13,454)

(2,115)

(15,867)

(2,294)

25,020

(18,198)

INTEREST AND
INVESTMENT INCOME

8

—

—

—

—

8

INTEREST EXPENSE

(6,477)

(4)

—

—

—

(6,473)

GAIN ON SALE OF
BUSINESS

4,671

4,671

—

—

—

—

GAIN ON RETIREMENT OF
DEBT

2,080

—

—

—

—

2,080

OTHER (EXPENSE) INCOME,
NET

(51)

(46)

—

(15)

—

10

(Loss) income before benefit
from (provision for) income
taxes

(13,223)

2,506

(15,867)

(2,309)

25,020

(22,573)

BENEFIT FROM (PROVISION
FOR) INCOME TAXES

3,144

(737)

657

503

(5,467)

8,188

NET (LOSS) INCOME

(10,079)

1,769

(15,210)

(1,806)

19,553

(14,385)

NET INCOME (LOSS)
ATTRIBUTABLE TO NON-
CONTROLLING INTERESTS

73

95

(22)

—

—

—

NET (LOSS) INCOME
ATTRIBUTABLE TO
COMMON STOCKHOLDERS

(10,152)

1,674

(15,188)

(1,806)

19,553

(14,385)

Adjusted EBITDA(2)

$     16,379

$       8,107

$     (1,555)

$     (1,454)

$     27,149

$   (15,868)

 

Six Months Ended June 30, 2025

(In thousands, unaudited)

Consolidated

Radio

Broadcasting

Reach

Media

Digital

Cable

Television

All Other –

Corporate/

Eliminations

NET REVENUE

$    183,866

$     69,303

$     11,168

$     20,466

$     84,263

$     (1,334)

OPERATING EXPENSES:

Programming and technical

59,245

21,286

6,546

6,454

25,281

(322)

Selling, general and
administrative

99,598

38,358

6,939

14,104

22,333

17,864

Stock-based compensation

1,250

241

46

158

489

316

Depreciation and amortization

5,838

3,274

67

779

1,390

328

Impairment of goodwill and
intangible assets

136,521

131,630

—

4,891

—

—

Total operating expenses

302,452

194,789

13,598

26,386

49,493

18,186

Operating (loss) income

(118,586)

(125,486)

(2,430)

(5,920)

34,770

(19,520)

INTEREST AND
INVESTMENT INCOME

1,582

—

—

—

—

1,582

INTEREST EXPENSE

(20,628)

(4)

(145)

—

—

(20,479)

GAIN ON RETIREMENT OF
DEBT

41,884

—

—

—

—

41,884

OTHER INCOME, NET

316

108

—

—

—

208

(Loss) income before benefit
from (provision for) income
taxes

(95,432)

(125,382)

(2,575)

(5,920)

34,770

3,675

BENEFIT FROM (PROVISION
FOR) INCOME TAXES

5,724

29,669

(3)

2,184

(7,575)

(18,551)

NET (LOSS) INCOME

(89,708)

(95,713)

(2,578)

(3,736)

27,195

(14,876)

NET LOSS ATTRIBUTABLE
TO NON-CONTROLLING
INTERESTS

(64)

—

(64)

—

—

—

NET (LOSS) INCOME
ATTRIBUTABLE TO COMMON
STOCKHOLDERS

(89,644)

(95,713)

(2,514)

(3,736)

27,195

(14,876)

Adjusted EBITDA(2)

$     26,817

$       9,786

$     (2,202)

$        (88)

$     36,648

$   (17,327)

 

Urban One, Inc. will hold a conference call to discuss its results for the second fiscal quarter of 2026. The conference call is scheduled for Tuesday, August 4, 2026 at 10:00 a.m. EDT. To participate on this call, U.S. callers may dial toll-free (+1) 800-715-9871; international callers may dial direct (+1) 646-307-1963. The Access Code is 3701023.

A replay of the conference call will be available from 2:00 p.m. EDT August 4, 2026 until 11:59 p.m. EDT August 11, 2026. Callers may access the replay by calling (+1) 800-770-2030; international callers may dial direct (+1) 609-800-9909. The replay Access Code is 3701023.

Access to live audio and a replay of the conference call will also be available on Urban One’s corporate website at www.urban1.com. The replay will be made available on the website for seven days after the call.

Urban One Inc. (urban1.com), together with its subsidiaries, is the largest diversified media company that primarily targets Black Americans and urban consumers in the United States. The Company owns TV One, LLC (tvone.tv), a television network serving more than 30 million households, offering a broad range of original programming, classic series and movies designed to entertain, inform, and inspire a diverse audience of adult Black viewers. As of July 31, 2026, following the Service Broadcasting Group, LLC acquisition, the Company owned and/or operated 76 independently formatted, revenue producing broadcast stations (including 59 FM or AM stations, 15 HD stations, and the 2 low power television stations the Company operates), located in 13 of the most populous African-American markets in the United States. Through Reach Media, Inc. (blackamericaweb.com), the Company also operates syndicated programming including the Rickey Smiley Morning Show, and the DL Hughley Show. In addition to its radio and television broadcast assets, Urban One owns iOne Digital (ionedigital.com), our wholly owned digital platform serving the African American community through social content, news, information, and entertainment websites, including its Cassius, Bossip, HipHopWired and MadameNoire digital platforms and brands. Through our national multi-media operations, we provide advertisers with a unique and powerful delivery mechanism to the African American and urban audiences.

Notes:

1

“Broadcast and digital operating income”: The radio broadcasting industry commonly refers to “station operating income” which consists of net loss before depreciation and amortization, income taxes, interest expense, interest and investment income, non-controlling interests in income of subsidiaries, other income, net, loss from unconsolidated joint venture, corporate selling, general and administrative expenses, stock-based compensation, impairment of goodwill and intangible assets, and (gain) loss on retirement of debt. However, given the diverse nature of our business, station operating income is not truly reflective of our multi-media operation and, therefore, we use the term “broadcast and digital operating income.” Broadcast and digital operating income is not a measure of financial performance under GAAP. Nevertheless, broadcast and digital operating income is a significant measure used by our management to evaluate the operating performance of our core operating segments. Broadcast and digital operating income provides helpful information about our results of operations, apart from expenses associated with our fixed assets and goodwill and intangible assets, income taxes, investments, impairment charges, debt financings and retirements, corporate overhead and stock-based compensation. Our measure of broadcast and digital operating income is similar to industry use of station operating income; however, it reflects our more diverse business and therefore is not completely analogous to “station operating income” or other similarly titled measures as used by other companies. Broadcast and digital operating income does not represent operating income or loss, or cash flow from operating activities, as those terms are defined under GAAP, and should not be considered as an alternative to those measurements as an indicator of our performance.

2

“Adjusted EBITDA”: Adjusted EBITDA consists of net (loss) income plus (1) depreciation and amortization, income taxes, interest expense, net income attributable to non-controlling interests, impairment of goodwill, intangible assets and long lived assets, stock-based compensation, gain on sale of business, (gain) loss on retirement of debt, corporate costs, non-recurring litigation settlement costs, non-recurring debt refinancing costs, severance-related costs, investment income, loss from ceased non-core business initiatives less (2) other income, net and interest and investment income. Net (loss) income before interest income, interest expense, income taxes, depreciation and amortization is commonly referred to in our business as “EBITDA.” Adjusted EBITDA and EBITDA are not measures of financial performance under GAAP. We believe Adjusted EBITDA is often a useful measure of a company’s operating performance and is a significant measure used by our management to evaluate the operating performance of our business. Accordingly, based on the previous description of Adjusted EBITDA, we believe that it provides useful information about the operating performance of our business, apart from the expenses associated with our fixed assets and goodwill and intangible assets, or capital structure. Adjusted EBITDA is frequently used as one of the measures for comparing businesses in the broadcasting industry, although our measure of Adjusted EBITDA may not be comparable to similarly titled measures of other companies, including, but not limited to the fact that our definition includes the results of all four of our operating segments (Radio Broadcasting, Reach Media, Digital, and Cable Television). Business activities unrelated to these four segments are included in an “all other” category which the Company refers to as “All other – corporate/eliminations.” Adjusted EBITDA and EBITDA do not purport to represent operating income or cash flow from operating activities, as those terms are defined under GAAP, and should not be considered as alternatives to those measurements as an indicator of our performance.

3

For the three months ended June 30, 2026 and 2025, Urban One had 4,470,542 and 4,473,831 shares of common stock outstanding on a weighted average basis (basic), respectively. For the six months ended June 30, 2026 and 2025 Urban One had 4,460,275 and 4,476,828 shares of common stock outstanding on a weighted average basis (basic), respectively.

4

For the three months ended June 30, 2026 and 2025, Urban One had 4,470,542 and 4,473,831 shares of common stock outstanding on a weighted average basis (fully diluted for outstanding stock awards), respectively. For the six months ended June 30, 2026 and 2025 Urban One had 4,460,275 and 4,476,828 shares of common stock outstanding on a weighted average basis (basic), respectively.

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Presence Announces Leadership Transition, Naming Jess Wang Chief Executive Officer and Kate Eberle Walker Executive Chair

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Wang brings proven leadership to accelerate Presence’s growth and technology innovation as schools face increasing need for trusted special education support

NEW YORK, Nov. 12, 2026 /PRNewswire/ — Presence, a leading provider of K–12 special education technology and teletherapy services, today announced Jess Wang has been appointed Chief Executive Officer, succeeding Kate Eberle Walker, who has transitioned to Executive Chair of the company’s Board of Directors. The transition marks the next chapter for Presence as the company builds on its national scale, strengthens its technology offerings, and expands its ability to help more schools meet the evolving needs of students with special needs.

Wang, who has served as Presence’s Chief Operating Officer since 2024, steps into the CEO role with deep knowledge of the business, strong relationships with customers and clinicians, and a proven track record of strengthening operational performance. Her appointment is a leadership transition designed to provide continuity, accelerate innovation, and position Presence for sustainable long-term growth.

The transition comes as schools face persistent staffing shortages, growing administrative demands, and increasing pressure to deliver effective special education services. More than ever, districts need trusted partners that combine experienced clinicians, purposeful technology, and dependable support.

Experienced Leadership for a Critical Moment in Special Education

Wang brings decades of experience spanning education, technology, and workforce development, with a proven track record of building and scaling national education organizations. She began her career as a public high school social studies teacher and Master Teacher, mentoring the next generation of educators. She later held senior leadership roles at education technology company 2U, Inc., where she built and led large, distributed teams, developed graduate programs for speech-language pathology, occupational therapy, and counseling professionals, and launched and scaled technology-enabled education services. Her experience driving enterprise-wide operational transformation, combined with her firsthand understanding of the classroom and the challenges of developing a qualified workforce, gives her a unique perspective on the evolving needs of schools, educators, and clinicians.

“Schools are being asked to do more than ever to support students with diverse learning needs, often with fewer resources,” Wang said. “They need partners they can trust, technology that solves real problems, and services they can depend on. Presence is uniquely positioned to deliver on those needs. We have an exceptional team, innovative technology, and a clear vision for making special education more connected, efficient, and effective. I’m excited to lead our next chapter with a focus on delivering for the schools, clinicians, and students who count on us.”

Building on a Strong Foundation of Growth and Innovation

Wang succeeds Walker following eight years of significant growth that transformed Presence into a national leader in special education technology and services. Under Walker’s leadership, the company expanded its reach, invested in technology innovation, and completed strategic acquisitions that broadened its capabilities and strengthened its position in the market.

Today, Presence partners with more than 11,000 schools across 47 states, supports a network of more than 2,000 licensed clinicians, and has delivered over 8 million remote evaluations and teletherapy sessions. Strategic milestones, including the acquisition of Global Teletherapy and Education Modified, have expanded Presence’s ability to deliver critical student services, streamline special education workflows, and give schools greater visibility into student supports.

“Leading Presence through eight years of growth and transformation has been one of the greatest privileges of my career,” Walker said. “I’m incredibly proud of the company we’ve built, the talented team behind it, and the millions of students we’ve helped support. We’ve established a strong foundation and tremendous momentum, and I couldn’t be more confident in Jess as the leader to take Presence forward.”

Walker will remain actively involved in supporting Presence’s long-term strategy and mission in partnership with Wang and the Board.

Accelerating Purposeful Technology Innovation and Customer Impact

Under Wang’s leadership, Presence will continue advancing its technology strategy while maintaining a strong focus on serving more students and schools.

Through its expanding technology offerings, Presence is helping schools reduce administrative burden, improve coordination, and gain greater visibility into student services. The company is also advancing responsible applications of artificial intelligence that support educator and clinician expertise while keeping qualified professionals at the center of student engagement.

Presence recently promoted Felipe Murillo to Chief Technology Officer, reinforcing its commitment to secure, scalable, and intelligent technology. Murillo oversees engineering, cybersecurity, and AI strategy as Presence builds a more integrated technology experience for schools and clinicians.

With an experienced leadership team, established customer partnerships, and continued support from investors including Spectrum Equity, TPG Rise Fund, and Bain Capital Double Impact, Presence is positioned to accelerate growth and help schools deliver more effective, connected special education services.

About Presence

Presence is a leading provider of teletherapy services and technology for K–12 schools. Since 2009, Presence has helped schools address students’ special education-related and mental health needs by connecting them with a nationwide network of licensed clinicians, award-winning technology, and end-to-end clinical support. Presence is helping schools, students, and clinicians succeed, wherever they are.

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SOURCE Presence

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Hyundai Future Innovators Initiative Brings New STEM Opportunities to Orange County Students

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Hyundai and Orange County Schools Bright Futures Foundation Award $150,000 to 15 Public Schools in Orange County, California

 

FOUNTAIN VALLEY, Calif., Nov. 12, 2026 /PRNewswire/ — Hyundai Motor America, through its corporate social responsibility initiative Hyundai Hope, in partnership with Orange County Schools Bright Futures Foundation, announced the inaugural recipients of the Future Innovators Initiative by Hyundai, a new STEM education funding program designed to expand science, technology, engineering and math learning opportunities for students across Orange County, California.

Through the initiative, Hyundai and Orange County Schools Bright Futures Foundation are investing $150,000 in 15 Orange County public schools, with each selected school receiving a $10,000 grant to support hands-on STEM programs and projects that encourage problem-solving, critical thinking and innovation while helping prepare students for future educational and career opportunities.

“Orange County is home to our North American headquarters, and we’re proud to invest in the students and educators who are shaping the future of this community,” said Brandon Ramirez, director, corporate social responsibility, Hyundai Motor North America. “Through the Future Innovators Initiative, we’re helping schools create meaningful STEM experiences that can spark curiosity, build critical skills and introduce students to new possibilities for their futures.”

Hyundai celebrated the inaugural grant recipients during an event at its North American headquarters in Fountain Valley, bringing together educators, community partners and Hyundai representatives to recognize the selected schools and spotlight the innovative STEM projects the grants will help bring to life.

“Over the past several weeks, I’ve had the privilege of seeing firsthand the extraordinary innovation taking place across these 15 Orange County public schools,” said David Blair, executive director, Orange County Schools Bright Futures Foundation. “Orange County is home to incredible talent, and our students and educators have the potential to create generational change. Hyundai’s leadership and investment demonstrate what is possible when education, philanthropy, and community leadership come together. This is more than an investment in 15 schools. It is an investment in Orange County’s future and an example of what we can accomplish through strong community partnerships. The talent is here. Innovation is happening. Together, we can build on this momentum and make Orange County a model for educational excellence.”

The Future Innovators Initiative puts resources directly into the hands of local educators, helping bring innovative STEM projects from concept to classroom and giving students more opportunities for hands-on learning.

Investing in Orange County’s Future

The Future Innovators Initiative builds on Hyundai’s broader commitment to Orange County, home to the company’s North American headquarters. Through this investment, Hyundai is helping strengthen local schools while encouraging students to explore STEM pathways and future career possibilities.

“Across Orange County’s 28 school districts, our educators are doing extraordinary work to help students see what’s possible,” said Dr. Stefan Bean, Orange County Superintendent of Schools, Orange County Department of Education. “The Future Innovators Initiative by Hyundai reminds us how much more we can accomplish when businesses and community partners come alongside our schools. Through Hyundai’s investment and the Orange County Schools Bright Futures Foundation’s leadership, 15 public schools are gaining opportunities to bring innovative STEM learning to life. I’m grateful to everyone who is helping turn those classroom ideas into meaningful experiences for students. No one gets there alone, and when we come together to invest in our students, we build a brighter future for all of Orange County.”

The 15 inaugural grant recipients represent public schools across Orange County, with each receiving $10,000 to support innovative STEM programming.

Institution

City

Capistrano Valley High School

Mission Viejo

Crescent Elementary School

Anaheim

Cypress High School

Cypress

Edison High School

Huntington Beach

El Sol Science and Arts Academy

Santa Ana

Helen F. Stacey Intermediate School

Huntington Beach

John S. Malcom Elementary School

Laguna Niguel

Ladera Vista Junior High School of the Arts

Fullerton

NOVA Academy Early College High School

Santa Ana

Ocean View High School

Huntington Beach

Oxford Preparatory Academy, Saddleback Valley

Lake Forest

Saddleback High School

Santa Ana

Samueli Academy

Santa Ana

Thomas A. Edison Elementary School

Santa Ana

Wilson Elementary

Costa Mesa

Together, these projects will help foster curiosity, creativity and problem-solving while inspiring the next generation of innovators.

Hyundai Hope
Hyundai Hope is a corporate social responsibility initiative from Hyundai Motor North America, committed to the principle of Progress for Humanity and the goal of improving the wellbeing of society. Hyundai Hope dedicates time and supplies resources to nonprofit organizations that support the health and safety of individuals and foster positive growth in communities. For more information, visit www.HyundaiHope.com.

Hyundai Motor America

Hyundai Motor America offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles, while supporting Hyundai Motor Company’s Progress for Humanity vision. Hyundai has significant operations in the U.S., including its North American headquarters in California, the Hyundai Motor Manufacturing Alabama assembly plant, the all-new Hyundai Motor Group Metaplant America, several cutting-edge R&D facilities and more than 855 independent dealers. These operations are part of Hyundai Motor Group, which is investing $26 billion in the U.S. from 2025 to 2028. For more information, visit www.hyundainews.com.

Hyundai Motor America on Twitter | YouTube | Facebook | Instagram | LinkedIn | TikTok

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Elite’s Data Connect Honored By LegalTech Breakthrough With 2026 “Overall LegalTech Data Solution of the Year”

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Prestigious Annual Awards Program Recognizes Companies and Products Driving Innovation in the Global Legal Industry

NEW YORK, Nov. 12, 2026 /PRNewswire-PRWeb/ — Elite, the AI financial operations platform purpose-built for the world’s largest law firms, today announced Data Connect has been named “Overall LegalTech Data Solution of the Year” in the 7th annual LegalTech Breakthrough Awards program conducted by LegalTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout legal technology companies, products, and services around the globe.

“Data Connect offers firms a more deliberate and practical approach to improving how financial and operational data is accessed and used across their business, ensuring AI investments deliver real business value.” – Bryan Vaughn, Managing Director, LegalTech Breakthrough

Data Connect is a core part of Elite’s unified AI financial operations platform. It connects governed financial and operational data across 3E®, Elite Validate™, and eBillingHub®, giving firms one foundation to improve financial performance, power analytics and apply AI across their operations.

Data Connect makes financial and operational data usable in near real-time across firms. It delivers governed near real-time data from 3E®, Elite Validate™, and eBillingHub® directly into Microsoft Fabric alongside other firm systems, eliminating the need to build and maintain complex data pipelines. By making 3E data available inside the same environment as billing, CRM, and operational data, leakage becomes visible and stoppable. With governed 3E data live in Fabric, firms have visibility into profitability, staffing, and collections as work happens.

Built on Elite’s Data Fabric, Elite manages the infrastructure, security, and governance, delivering a continuously updated, trusted single source of truth across work in progress, billing progression, accounts receivable, and realization. Data Connect provides the necessary data around law firm financial concepts, including work in progress, realization, and matter-level profitability, so firms can apply their own calculations without first having to identify and map the underlying data.

The foundation also prepares firms for embedded and agentic AI capabilities in the future.

“AI and analytics investments across the legal industry are only as good as the data feeding them. Most firms have invested heavily in AI tools while their underlying financial data remains siloed, delayed, and unreliable. This is the problem Data Connect was built to solve. Pilot customers report cutting reporting time by 50% and eliminating multi-step manual processes for routine financial reporting,” said Mark Dorman, CEO, Elite. “We’re thrilled to accept ‘Overall LegalTech Data Solution of the Year’ from LegalTech Breakthrough. Data Connect gives firms the governed, continuously available data foundation they need to get more value from Elite’s unified AI financial operations platform.”

The mission of the annual LegalTech Breakthrough Awards program is to recognize the innovators transforming the global legal landscape with breakthrough technology. The program conducts a comprehensive analysis of the companies redefining how legal services are researched, drafted, managed, and delivered. From AI-driven research and drafting platforms and contract lifecycle management to eDiscovery, case and practice management, regulatory compliance, legal spend analytics, and access-to-justice solutions, these innovations are enabling legal organizations to work more efficiently, serve clients better and shape the future of the legal profession.

“Data Connect offers firms a more deliberate and practical approach to improving how financial and operational data is accessed and used across their business, ensuring AI investments deliver real business value. For years, firms have lived with financial and operational data trapped in fragmented systems, reassembled by hand every month. Most firms can’t see where revenue slips away, relying on lengthy manual investigations,” said Bryan Vaughn, Managing Director, LegalTech Breakthrough. “With Data Connect, 3E data becomes actionable in Fabric alongside CRM, HR, billing, and operational data, creating one unified dataset across the whole firm without the need to reconcile disconnected systems. The result is an AI-ready foundation, reduced reconciliation effort, and faster, more confident decision-making.”

About Elite

Elite is the trusted automation platform for law firm operations across the world’s largest and most successful law firms. Founded in 1947, Elite has guided firms through every technology shift and today delivers an AI-enabled SaaS platform that unifies financial, invoice, time, and data management into a single system of action. With embedded AI, predictive analytics, and integrated payments, Elite’s products enable firms to shorten billing cycles, reduce write-offs, and unlock firm-wide insights, making financial operations the foundation for law firm innovation and growth.

About LegalTech Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the LegalTech Breakthrough Awards program is devoted to honoring excellence in legal technologies, services, companies, and products. The LegalTech Breakthrough Awards program provides a forum for public recognition around the achievements of LegalTech companies and solutions in categories including Artificial Intelligence, Access to Justice, Case Management, Contract Management, Court Technology, Data and Analytics, eDiscovery, Legal Operations, Legal Research, Practice Management, RegTech, and more. For more information visit LegalTechBreakthrough.com

Tech Breakthrough LLC does not endorse any vendor, product, or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose[CS1] .

Elite®, 3E®, Validate® and eBillingHub® are registered trademarks of Elite.

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Media Contact

Elite PR, Elite, 1 800-354-8337, heath@ward6marketing.com, www.elite.com

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SOURCE Elite

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