secwatch.observer — SEC 8-K summary
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Issuer:     LEE ENTERPRISES, Inc (LEE)
CIK:        0000058361
Form:       8-K
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0001437749-22-002342
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lee Enterprises Q1: digital-only subs up 57% to 450k; total digital revenue $55M (+17% YoY)
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- GAAP net income $13.2M on total operating revenue $202.3M; Adjusted EBITDA $26.1M.
- Digital advertising revenue grew 19% to $43M; Amplified Agency revenue up 69% to $15M.
- Digital-only subscription revenue up 26%; digital-only subscribers reached 450k, +57%.
- Principal debt reduced $20.2M sequentially to $462.6M; down $113M since March 2020 refinancing.
- FY2022 outlook: 495k digital subs year-end; total digital revenue $230M; Adjusted EBITDA $95-98M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/58361/000143774922002342/0001437749-22-002342-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/58361/000143774922002342/lee20211222_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-002342

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer