Q3 Fiscal year 2021 Results

- Total operating revenue increased (+8%) over the prior year
- Digital revenue totaled $66 million (+48%), more than one-third of total operating revenue
- Adjusted EBITDA totaled $27 million, up over the prior year for second straight quarter
- Digital-only subscribers grew 51% to 337,000

On a GAAP basis, total operating revenue was $196.5 million and net income totaled $3.7 million in the third quarter.

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News Releases

29 Nov '21
DAVENPORT, Iowa --(BUSINESS WIRE)--Nov. 29, 2021-- Lee Enterprises, Incorporated (NASDAQ: LEE) (“Lee” or the “Company”) today commented on the purported notice submitted by Alden Global Capital, LLC (together with its affiliates, “Alden”) seeking to nominate three candidates to stand for election...
24 Nov '21
Board Takes Action in Response to Alden’s Unsolicited Proposal to Acquire Lee Board Committed to Protecting Long-Term Value for All Shareholders DAVENPORT, Iowa --(BUSINESS WIRE)--Nov. 24, 2021-- Lee Enterprises, Incorporated (NASDAQ: LEE), today announced that its Board of Directors has...