Lee Enterprises

Lee Enterprises, Inc. engages in the provision of local news, information, and advertising services. It also offers retail, classified, digital, national advertising, and niche publications. Its digital products include video, digital couponing, behavioral targeting, banner advertisements, and social networking. The company was founded by Alfred Wilson Lee in 1890 and is headquartered in Dover, DE.

Earnings data Q1 2021

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Lee Enterprises achieves digital revenue milestone amidst print challenges

Lee Enterprises made significant strides in digital transformation, surpassing print revenue and focusing on sustainable digital growth.
While facing challenges with print revenue decline, the company showcased strength in digital subscriptions and profitability through cost management.
Opportunities lie in capitalizing on digital revenue growth, investing in the digital future, and achieving financial targets for continued success.

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Lee Enterprises, Inc. engages in the provision of local news, information, and advertising services. It also offers retail, classified, digital, national advertising, and niche publications. Its digital products include video, digital couponing, behavioral targeting, banner advertisements, and social networking. The company was founded by Alfred Wilson Lee in 1890 and is headquartered in Davenport, IA.

LEE Enterprises (LEE, Financial) experienced a notable stock movement, with its price surging by 6.90%. The stock is currently priced at $9.30 per share, trading a volume of 18,464 shares and holding a turnover rate of 0.30% with a volatility of 5.46%.

LEE Enterprises (LEE) Sees Stock Surge by 6.90%

DAVENPORT, Iowa, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE) today announced its Chief Executive Officer, Kevin Mowbray, and Chief Financial Officer, Tim Millage, will hold a group presentation and host one-on-one meetings with investors at the Sidoti August Virtual Investor Conference, taking place on August 14-15, 2024.

Lee Enterprises to Present at Sidoti Virtual Investor Conference

Lee Enterprises (NASDAQ:LEE ) Q3 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Jared Marks - VP, Finance Kevin Mowbray - Chief Executive Officer Tim Millage - Chief Financial Officer Conference Call Participants Todd Thomas - KeyBanc Capital Markets Rich Anderson - Wedbush Nick Thillman - Baird Brian Maher - B. Riley Mitchell Germain - Citizens JMP Nikita Bely - JPMorgan Anthony Hau - Truist Brendon Lynch - Barclays Steven Domanski - Janney Operator Good day, and welcome to the Lee Enterprises' 2024 Third Quarter Webcast and Conference Call.

Lee Enterprises (LEE) Q3 2024 Earnings Call Transcript

Total Digital Revenue( 1) represented 50% of total revenueDigital-only subscription revenue increased 34%( 2) with subscriptions up 23%Amplified Digital® Agency revenue totaled $26M, up 12% YOY( 2)

Lee Enterprises nears digital sustainability with revenue inflection point

DAVENPORT, Iowa, July 18, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a major subscription and advertising platform and a leading provider of high quality, trusted, local news and information in 73 markets, has scheduled an audio webcast and conference call for Thursday, August 1, 2024, at 9 a.m. Central Time. Lee plans to issue a news release before the market opens that day with preliminary results for its third quarter ended June 23, 2024.

Lee Enterprises plans quarterly call and webcast August 1, 2024

DAVENPORT, Iowa, July 18, 2024 (GLOBE NEWSWIRE) -- Madeline McIntosh and Jon Miller, pioneering media executives with extensive accomplishments in digital technology, consumer marketing and business transformations, have joined the board of directors of Lee Enterprises, Incorporated (NASDAQ:LEE).

Digital media pioneers join Lee Enterprises board

Lee Enterprises, Incorporated (NASDAQ:LEE ) Q2 2024 Results Conference Call May 2, 2024 10:00 AM ET Company Participants Josh Rinehults - Vice president Finance Kevin Mowbray - President, CEO & Director Timothy Millage - VP, CFO & Treasurer Conference Call Participants Daniel Harriman - Sidoti Operator Welcome to Lee Enterprises 2024 Second Quarter Webcast and Conference Call. This call is being recorded, and will be available for replay at investors.lee.net.

Lee Enterprises, Incorporated (LEE) Q2 2024 Earnings Call Transcript

Adjusted EBITDA( 1) growth of 5% YOYDigital-only subscription revenue increased 48%( 2) with subscriptions up 25%Total Digital Revenue( 3) of $71M represented 48% of total revenue

Lee Enterprises reports second quarter Adjusted EBITDA growth and strong digital growth

DAVENPORT, Iowa, May 01, 2024 (GLOBE NEWSWIRE) -- Les Ottolenghi, a Fortune 500 senior technology and cybersecurity executive, has joined Lee Enterprises, Incorporated (NASDAQ:LEE), as Chief Transformation and Commercial Officer.

Lee Enterprises adds Chief Transformation and Commercial Officer

DAVENPORT, Iowa, April 22, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a major subscription and advertising platform and a leading provider of high quality, trusted, local news and information in 73 markets, has scheduled an audio webcast and conference call for Thursday, May 2, 2024, at 9 a.m. Central Time. Lee plans to issue a news release before the market opens that day with preliminary results for its second quarter ended March 24, 2024.

Lee Enterprises plans quarterly call and webcast May 2, 2024

Board Acted in Response to a Significant Accumulation of Stock to Protect Long-Term Value for All Shareholders Board Acted in Response to a Significant Accumulation of Stock to Protect Long-Term Value for All Shareholders

Lee Enterprises Adopts Limited-Duration Shareholder Rights Plan

Nexstar Media Group

New York Times

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Lee Enterprises, Incorporated (LEE) Q1 2024 Earnings Call Transcript

Adjusted EBITDA(1) growth of 6% YOYDigital-only subscribers totaled 735,000 (+30% YOY); Revenue +60% YOY(2) Total Digital Revenue(3) represented 46% of revenue, totaled $71M

Lee Enterprises reports first quarter Adjusted EBITDA growth and strong digital growth

DAVENPORT, Iowa, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a major subscription and advertising platform and a leading provider of high quality, trusted, local news and information in 73 markets, has scheduled an audio webcast and conference call for Thursday, February 1, 2024, at 9 a.m. Central Time. Lee plans to issue a news release before market opens that day with preliminary results for its first quarter ended December 24, 2023.

Lee Enterprises plans quarterly call and webcast February 1, 2024

Lee Enterprises (NASDAQ: LEE ) just reported results for the fourth quarter of 2023. Lee Enterprises reported earnings per share of -32 cents.

LEE Stock Earnings: Lee Enterprises Misses EPS, Misses Revenue for Q4 2023

Lee Enterprises, Incorporated (NASDAQ:LEE ) Q4 2023 Results Conference Call December 7, 2023 10:00 AM ET Company Participants Josh Rinehults - Vice President, Finance Kevin Mowbray - President and Chief Executive Officer Tim Millage - Vice President, Chief Financial Officer and Treasurer Nathan Bekke - Vice President, Audience Strategy Conference Call Participants Daniel Harriman - Sidoti Operator Welcome to the Lee Enterprises 2023 Fourth Quarter Webcast and Conference Call. This call is being recorded and will be available for replay at investors.lee.net [Operator Instructions].

Lee Enterprises, Incorporated (LEE) Q4 2023 Earnings Call Transcript

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

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

DAVENPORT, Iowa, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Theodore F. Olt III has been elected by the board of directors of Lee Enterprises, Incorporated (NASDAQ: LEE) to succeed C. Dana Waterman III, who is retiring after 34 years as secretary and general counsel.

Ted Olt succeeds Dana Waterman in key Lee Enterprises role

DAVENPORT, Iowa, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a major subscription and advertising platform and a leading provider of high quality, trusted, local news and information in 75 markets, has scheduled an audio webcast and conference call for Thursday, December 7, 2023, at 9 a.m. Central Time. Lee plans to issue a news release before market opens that day with preliminary results for its year ended September 24, 2023.

Lee Enterprises plans quarterly call and webcast December 7, 2023

DAVENPORT, Iowa, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE) today announced its Chief Executive Officer, Kevin Mowbray, and Chief Financial Officer, Tim Millage, will hold a group presentation and host one-on-one meetings with investors at the Sidoti November Virtual Investor Conference, taking place on November 15-16, 2023.

Lee Enterprises to present at Sidoti Virtual Investor Conference

Lee Enterprises Incorporated (NASDAQ:LEE ) Q3 2023 Earnings Conference Call August 3, 2023 10:00 AM ET Company Participants Jared Marks - Senior Director, FP&A Kevin Mowbray - President and Chief Executive Officer Tim Millage - Vice President, Chief Financial Officer and Treasurer Conference Call Participants Michael Kupinski - NOBLE Capital Operator Welcome to the Lee Enterprises 2023 Third Quarter Webcast and Conference Call. The call is being recorded and will be available for replay at investors.lee.net.

Lee Enterprises Incorporated (LEE) Q3 2023 Earnings Call Transcript

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)

Lee Enterprises delivers strong digital growth in the third quarter

DAVENPORT, Iowa, July 19, 2023 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a major subscription and advertising platform and a leading provider of high quality, trusted, local news and information in 75 markets, has scheduled an audio webcast and conference call for Thursday, August 3, 2022, at 9 a.m. Central Time. Lee plans to issue a news release before market opens that day with preliminary results for its 3rd quarter ended June 25, 2023.

Lee Enterprises plans quarterly call and webcast August 3, 2023

Lee Enterprises is shifting its business from print to digital, with 40% of its revenues currently from digital solutions, aiming for over 50% by FY26. Despite a 21% increase in digital-only subscribers and a 39% increase in digital-only subscription revenue, the company's overall revenue dropped due to a decline in print business. The company's financial situation is concerning, with a high debt load and potential for significant stock dilution due to declining EBITDA and accumulating losses.

News for Lee Enterprises Stock (LEE)