secwatch.observer — SEC 8-K summary
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Issuer:     LEE ENTERPRISES, Inc (LEE)
CIK:        0000058361
Form:       8-K
Filed at:   2025-11-26T23:59:59+00:00
Accession:  0000058361-25-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lee Enterprises Q4 Adj EBITDA up $2M YoY; digital subs revenue +16%
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- Q4 total operating revenue $139M; net loss $6M; Adj EBITDA $15M, up $2M on comparable basis.
- Digital-only subscription revenue up 16% same-store; 633k digital-only subscribers.
- Total debt $455M; cash $10M; FY26 Adj EBITDA growth guided at mid-single digits.
- Pension plan termination underway to eliminate balance sheet volatility; $4M cyber expenses in FY25.
- FY26 capex up to $10M; cash taxes expected $1M-$6M; no debt covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/58361/000005836125000039/0000058361-25-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/58361/000005836125000039/lee-20251126.htm
  HTML page:      https://secwatch.observer/filing/0000058361-25-000039

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