LANHAM, Md. (AP) — LANHAM, Md. (AP) — Urban One Inc. (UONE) on Thursday reported a loss of $54.4 million in its fourth quarter.

On a per-share basis, the Lanham, Maryland-based company said it had a loss of $12.24. Earnings, adjusted for asset impairment costs, were 20 cents per share.

The broadcast media company that serves African-American and urban listeners posted revenue of $97.8 million in the period.

For the year, the company reported a loss of $146.9 million, or $32.94 per share. Revenue was reported as $374.4 million.

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