Urban One, Inc. (NASDAQ:UONE) Q4 2022 Earnings Call Transcript

Unidentified Analyst: Got it. And sorry, if I could just give you one last one. Early on the top of the call, you also had said kind of more generally that radio multiples are like 5 times, if I heard you correctly. What…

Alfred C. Liggins: I mean there’s lots of comps out there. Last I looked, I thought the average radio multiple is kind of like 5.5 times or something like that. So again, that’s what I think I remember saying EBIT.

Peter D. Thompson: It’s variable within that, right, depending on who you look at.

Alfred C. Liggins: Yeah.

Peter D. Thompson: I mean that was about the meaning.

Unidentified Analyst: Fair enough. Great. Well, thank you very much.

Alfred C. Liggins: Thank you. Thank you everybody. We look forward to talking to you at a point in the near future.

Operator: Ladies and gentlemen, that will conclude your conference call for today. Thank you for your participation and for using AT&T Event Teleconferencing. You may now disconnect.