Lee Enterprises (LEE) Reports Q4 Loss of $1.09/sh

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Lee Enterprises achieves all fiscal-year guidance with strong fourth quarter results

December 8, 2022 7:00 AM EST

Adjusted EBITDA(1) grew 17% YOY in the quarter, in line with full year guidanceAchieved all digital revenue guidance for the quarter and for the fiscal yearDigital-only subscribers total 532,000 (+32% YOY)Amplified Digital® revenue totaled $76M in the fiscal year (+83% YOY)

DAVENPORT, Iowa, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a digital-first subscription platform providing high quality, trusted, local news, information and a major platform for advertising in 77 markets, today reported preliminary fourth quarter fiscal 2022 financial results(2) for the period ended September 25, 2022.

Lee delivered strong fourth quarter and... More