Lee Enterprises (LEE) Misses Q3 EPS by 68c

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Lee Enterprises delivers strong digital growth in the third quarter

August 3, 2023 7:03 AM EDT

Total Digital Revenue(1) was $70M (+15% YOY), representing 41% of revenue Digital-only subscribers total 606,000 (+21% YOY) with revenue +43% YOY Amplified Digital® revenue totaled $24M in the fiscal quarter (+15% YOY)

DAVENPORT, Iowa, Aug. 03, 2023 (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 75 markets, today reported preliminary third quarter fiscal 2023 financial results(2) for the period ended June 25, 2023.

Our third quarter digital subscription results continue to lead the industry by a significant margin, continuing the... More