earnings
confidence high
sentiment positive
materiality 0.75
Lee Enterprises Q3 net income $5M, Adjusted EBITDA up 23% YoY; raises FY2026 outlook
LEE ENTERPRISES, Inc
- Net income $5M (improvement of $7M YoY); Adjusted EBITDA $18M (+23% YoY).
- Total revenue $126M; digital revenue $72M (57% of total); print $54M.
- Digital-only subscribers 584k; digital-only subscription revenue $22M (+12% CAGR).
- Debt $455M at 5% fixed rate (down from 9%); cash $59M; net debt $395M.
- FY2026 Adjusted EBITDA outlook raised to 22-28% YoY growth (ex-insurance ~10%).