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Stock impact report

Lee Enterprises reports first quarter Adjusted EBITDA growth and strong digital growth [Yahoo! Finance]

Lee Enterprises, Incorporated (LEE) 
Last lee enterprises, incorporated earnings: 5/4 06:30 am Check Earnings Report
US:NYSE Investor Relations: lee.net/financial
Company Research Source: Yahoo! Finance
DAVENPORT, Iowa, Feb. 01, 2024 (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 73 markets, today reported preliminary first quarter fiscal 2024 financial results for the period ended December 24, 2023. “Our Three Pillar Digital Growth Strategy is driving audience growth, improving consumer engagement, and increasing digital subscribers. We now have 735,000 subscribers to our digital-only products and digital-only subscription revenue grew 60% on a Same-store basis ," said Kevin Mowbray, Lee's President and Chief Executive Officer. “Because of our impressive digital subscription revenue growth combined with solid gains at Amplified Digital ® , digital revenue reached 46% of total operating revenue in the quarter. We expect digital revenue will exceed print in the back half of the year. This is an important milestone in our digital Show less Read more
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