---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-005972"
form_type: "8-K"
ticker: "LEE"
cik: "0000058361"
company_name: "LEE ENTERPRISES, Inc"
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T16:26:22.168200+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lee Enterprises Q1 digital revenue up 17% to $65M; reaffirms FY2023 Adjusted EBITDA guidance

## Summary
- Total operating revenue $185M; net income $2M; Adjusted EBITDA $18M.
- Digital-only subscribers 564,000 (+25% YoY); digital subscription revenue +56% YoY.
- Amplified Digital revenue $21M (+45% YoY); total digital advertising +12% YoY.
- Debt principal $462.6M at 9% fixed rate, 25-year maturity; cash $18.3M.
- FY2023 outlook: Total Digital Revenue $270-285M; Adjusted EBITDA $94-100M.

## SEC filing metadata
- accession: 0001628280-23-005972
- form_type: 8-K
- ticker: LEE
- cik: 0000058361
- company_name: LEE ENTERPRISES, Inc
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/58361/000162828023005972/0001628280-23-005972-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/58361/000162828023005972/lee-20230302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-005972
- JSON: https://secwatch.observer/filing/0001628280-23-005972.json
- Plain text: https://secwatch.observer/filing/0001628280-23-005972.txt

## Key facts
- Earnings Releases
  LEE ENTERPRISES, Inc updated its first fiscal quarter ended December 25, 2022 guidance (reaffirmed).
  - Period: first fiscal quarter ended December 25, 2022
  - Guidance: reaffirmed
  - Result: preliminary results
  source text: On March 2, 2023, Lee Enterprises, Incorporated (the "Company") reported its preliminary results for the first fiscal quarter ended December 25, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/58361/000162828023005972/0001628280-23-005972-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.