Lee Enterprises (LEE) Reports Q4 Loss of $0.32/sh

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Go back to Lee Enterprises (LEE) Reports Q4 Loss of $0.32/sh

Lee Enterprises achieves all fiscal year guidance with strong fourth quarter results and increases long-term outlook

December 7, 2023 7:00 AM EST

Total Digital Revenue(1) was $73M in the quarter, representing 44% of revenue Digital-only subscribers total 721,000, exceeding guidance and up 36% YOY Adjusted EBITDA(2) in line with full year guidance

DAVENPORT, Iowa, Dec. 07, 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 fourth quarter fiscal 2023 financial results(3) for the period ended September 24, 2023.

Our fourth quarter digital subscription results lead the industry by a significant margin, continuing the streak for 16... More