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    Marlene Pereira • Bank of America

    No publicly available information could be found to reliably verify the professional profile of Marlene Pereira as an analyst at Bank of America. There is no LinkedIn profile, coverage list, performance metrics, or credential records for an analyst by this name at the firm or across reputable analyst ranking databases. As a result, a comprehensive profile including title, specialization, performance history, career timeline, and credentials cannot be confirmed at this time.

    Marlene Pereira's questions to Urban One Inc (UONE) leadership

    Marlene Pereira's questions to Urban One Inc (UONE) leadership • Q2 2024

    Question

    Asked for a check on free cash flow expectations, confirmation of cash tax and CapEx figures, and whether any bonds had been repurchased since the end of the quarter.

    Answer

    Free cash flow is likely to be in the mid-$30 million range, reflecting the lower end of EBITDA guidance. This considers potential upside from political advertising but also incremental costs for remediation and audit. The analyst's cash tax and CapEx estimates are roughly correct. No bonds have been repurchased since the $35.5 million buyback in Q2.

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    Marlene Pereira's questions to Urban One Inc (UONE) leadership • Q2 2024

    Question

    Marlene Pereira sought clarification on the full-year free cash flow forecast, the validity of cash tax and CapEx assumptions, and whether any bond repurchases occurred after the end of the second quarter.

    Answer

    Peter Thompson (executive) projected free cash flow to be in the mid-$30 million range, reflecting the lower end of EBITDA guidance. He noted potential upside from political ad spending could be offset by higher audit costs. Thompson also mentioned cash programming spend is a variable. He confirmed no further bond repurchases have been made since the end of Q2.

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