Lee Enterprises (LEE) Reports Q2 EPS of $2.17

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Lee Enterprises reports strong digital growth in the first quarter

February 3, 2022 7:00 AM EST

Digital-only subscribers grew 57%; exceeds halfway mark to 2026 target of 900K Digital Advertising Revenue totaled $43M in the quarter (+19% YOY) Total Digital Revenue(1) totaled $55M in the quarter (+17% YOY)Subscription-based revenue totaled $107M in the quarter; represents 53% of revenue

DAVENPORT, Iowa, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a leading provider of high quality, trusted, local news, information and a major platform for advertising in 77 markets, today reported first quarter fiscal 2022 financial results(2) for the period ended December 26, 2021. On a GAAP basis, first quarter net income was $13.2 million on total operating... More