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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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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, Incorporated (NASDAQ:LEE ) Q2 2022 Results Earnings Conference Call May 5, 2022 10:00 AM ET Company Participants Josh Rinehults - Vice President-FP&A Kevin Mowbray - President and Chief Executive Officer Timothy Millage - Vice President, Chief Financial Officer and Treasurer Conference Call Participants Michael Kupinski - NOBLE Capital Markets Operator Welcome to the Lee Enterprises 2022 Second Quarter Webcast and Conference Call. [Operator Instructions] Now I will turn the call over to your host, Josh Rinehults, Vice President, Finance.

Lee Enterprises, Incorporated (LEE) CEO Kevin Mowbray on Q2 2022 Results - Earnings Call Transcript

Total Digital Revenue(1) was $58M in the quarter (+33% YOY)Digital-only subscribers total 492,000 (+59% YOY)Digital Advertising Revenue totaled $43M in the quarter (+36% YOY)Amplified Digital® revenue grew 108% and totaled $57M over the last twelve months

Lee Enterprises Reports Strong Digital Growth in the Second Quarter

DAVENPORT, Iowa, April 27, 2022 (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 77 markets, has scheduled an audio webcast and conference call for Thursday, May 5, 2022, at 9 a.m. Central Time. Lee plans to issue a news release before market opens that day with preliminary results for its second fiscal quarter ended March 27, 2022.

Lee Enterprises plans quarterly call and webcast May 5, 2022

DAVENPORT, Iowa, April 14, 2022 (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 77 markets, today announced that its Chief Executive Officer, Kevin Mowbray and Chief Financial Officer, Tim Millage will present at NobleCon18 - Noble Capital Markets' Eighteenth Annual Investor Conference at the Hard Rock Hotel & Casino, Hollywood, Florida - on Wednesday, April 20, at 12:30 Eastern Daylight Time.

Lee Enterprises set to present at Noble Capital Markets' Annual Investor Conference

Alta, Wyoming--(Newsfile Corp. - April 12, 2022) - The following questions were released by Cannell Capital LLC in a Schedule 13-D for Lee Enterprises, Inc. (NASDAQ: LEE)  filed with the Securities and Exchange Commission on April 11, 2022. This filing can be reviewed online here. Here Cannell Capital LLC ("CC") shares with all Lee Enterprises, Inc. ("LEE") owners 17 questions and considerations in advance of LEE's second quarter 2022 results to be reported on...

Cannell Capital files Schedule 13D for Lee Enterprises To Share Its Concerns in Advance of Second Quarter Results

DAVENPORT, Iowa, March 10, 2022 (GLOBE NEWSWIRE) -- Lee Enterprises Inc. (NASDAQ: LEE) (“Lee” or the “Company”), today announced that, at the Company's 2022 Annual Meeting, shareholders overwhelmingly voted to re-elect Lee's three director nominees – Chairman Mary E. Junck, Lead Independent Director Herb W. Moloney and CEO Kevin D. Mowbray.

Lee Shareholders Overwhelmingly Re-Elect All Three Lee Director Nominees at 2022 Annual Meeting

Glass Lewis Joins ISS in Recommending FOR Lee's Three Director Nominees Glass Lewis Joins ISS in Recommending FOR Lee's Three Director Nominees

Lee Enterprises' Nominees Supported by Second Leading Proxy Advisory Firm

Urges Shareholders to Vote “ FOR” the Board's Highly Experienced Nominees on the WHITE Proxy Card

Lee Enterprises Sends Letter to Shareholders Ahead of March 10 Annual Meeting

Company Urges Shareholders to Vote “FOR” the Board's Three Nominees on the WHITE Proxy Card Today

Lee Applauds ISS Recommendation Supporting All Three Director Nominees

Court Rules Against Alden for Second Time, Denying All of Its Latest Motions

Lee Enterprises Comments on Favorable Ruling from Delaware Court of Chancery

DAVENPORT, Iowa, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE) today issued the following statement in response to the recent lawsuit filed by Alden Global Capital LLC (together with its affiliates, “Alden”) in the Delaware Court of Chancery:

Lee Enterprises Comments on Alden's Latest Lawsuit

Describes Lee's Successful Digital Transformation, Track Record of Value Creation and Significant Upside Potential

Lee Enterprises Releases New Investor Presentation

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Alden Global Capital, LLC (together with its affiliates, "Alden" or "we"), who through an affiliate has an ownership stake of approximately 6.3% of Lee Enterprises, Incorporated (“Lee” or the “Company”) (NASDAQ: LEE), today issued a statement in response to the Delaware Chancery Court's decision to uphold Lee's invalidation of Alden's two highly qualified and fully independent director candidates and announced that its affiliate will be filing preliminary

Alden Global Capital, LLC Announces that Affiliate Will Be Filing Proxy Materials to Commence a “Vote No” Campaign Against Two Directors at Lee's Upcoming 2022 Annual Meeting

With the partnership, Tekan will become the exclusive provider of TownNews technology in Canada With the partnership, Tekan will become the exclusive provider of TownNews technology in Canada

TownNews CMS and digital publishing solutions chosen for Canadian coalition

Urges Shareholders to Vote FOR the Board's Three Highly Experienced Nominees on the WHITE Proxy Card Today

Lee Enterprises Sends Informational Brochure to Shareholders

Lee Enterprises, Incorporated (LEE) CEO Kevin Mowbray on Q1 2022 Results - Earnings Call Transcript

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Alden Global Capital, LLC (together with its affiliates, "Alden" or "we"), who through an affiliate has an ownership stake of approximately 6.3% of Lee Enterprises, Incorporated (“Lee” or the “Company”) (NASDAQ: LEE), today announced that its affiliate has filed preliminary proxy materials with the SEC regarding the election of two highly qualified and fully independent directors to Lee's Board of Directors (the “Board”) at the upcoming 2022 Annual Meetin

Alden Global Capital, LLC Announces That Affiliate Has Filed Preliminary Proxy Materials for Lee's 2022 Annual Meeting

DAVENPORT, Iowa, Jan. 25, 2022 (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 77 markets, has scheduled an audio webcast and conference call for Thursday, February 3, 2022, at 9 a.m. Central Time. Lee plans to issue a news release before market open that day with preliminary results for its first fiscal quarter ended December 26, 2021.

Lee Enterprises plans quarterly call and webcast February 3, 2022

Urges Shareholders to Vote FOR the Board's Three Highly Experienced Nominees to Protect Shareholder Value

Lee Enterprises Files Definitive Proxy Statement and Sends Letter to Shareholders

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Lee Enterprises is in the midst of a turnaround, as its digital subscription business is growing quickly while its print business is slowing down.

Extra! Extra! Buffett-Backed LEE Is On A Run

Lee Enterprises, Incorporated (LEE) CEO Kevin Mowbray on Q4 2021 Results - Earnings Call Transcript

The stock price of Lee Enterprises, Incorporated (NASDAQ: LEE) increased by over 12% pre-market today. This is why it happened.

Lee Enterprises Stock (LEE): Why The Price Jumped Today

Determines Opportunistic Proposal Grossly Undervalues Lee and is not in the Best Interests of the Company and its Shareholders Determines Opportunistic Proposal Grossly Undervalues Lee and is not in the Best Interests of the Company and its Shareholders

Lee Enterprises Board of Directors Unanimously Rejects Unsolicited Proposal from Alden

Quarterly total operating revenue increase driven by 37% digital revenue growthAdjusted EBITDA(1) grew for the third consecutive quarterDigital-only subscribers grew 65% to over 400,000Amplified revenue grew 71% in the quarter and totaled more than $41 million in 2021

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