Lee Enterprises ( NASDAQ:LEE ) Second Quarter 2024 Results Key Financial Results Revenue: US$146.6m (down 14% from 2Q...
Amidst a challenging transition, Lee Enterprises showcases robust digital revenue growth and strategic cost management in its second quarter financial results.
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 DAVENPORT, Iowa, May 02, 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 second quarter fiscal 2024 financial results(4) for th