{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-015651","form_type":"8-K","ticker":"LEE","cik":"0000058361","company_name":"LEE ENTERPRISES, Inc","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.907720+00:00","generated_at":"2026-06-15T23:20:40.493454+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Lee Enterprises reports strong digital growth; Q2 net loss $5M, Adj EBITDA $14M","bullets":["Total Digital Revenue $65M (+12% YoY); digital-only subscribers 596,000 (+21% YoY).","Digital-only subscription revenue +39% YoY; Amplified Digital revenue $22M (+20% YoY).","Total operating revenue $171M; operating expenses $169M, Cash Costs down 10% YoY.","Reaffirms FY2023 guidance: digital revenue $270-285M, subscribers 632k, Adj EBITDA $94-100M.","Debt $460M (fixed 9% rate, 25-yr maturity, no covenants); cash $19M; net debt $441M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-015651","json":"https://secwatch.observer/filing/0001628280-23-015651.json","markdown":"https://secwatch.observer/filing/0001628280-23-015651.md","text":"https://secwatch.observer/filing/0001628280-23-015651.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/58361/000162828023015651/0001628280-23-015651-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/58361/000162828023015651/lee-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T23:20:40.493454+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cef03134c940a3f93f1abdf6e1936cb4629641b5","claim":"LEE ENTERPRISES, Inc reported second quarter fiscal 2023 results: revenue $171 million, net income Net loss totaled $5 million. Guidance reaffirmed.","evidence_excerpt":"digital revenue and Adjusted EBITDA, and has us well positioned to drive value for our stakeholders,” Mowbray added. Key Second Quarter Highlights: • Total operating revenue was $171 million. • Total Digital Revenue was $65 million, a 12% increase over the prior year, and represented 38% of our total operating revenue. • Digital-only subscription revenue increased","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/58361/000162828023015651/0001628280-23-015651-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter fiscal 2023"},{"label":"Revenue","value":"$171 million"},{"label":"Net income","value":"Net loss totaled $5 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}