Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
LEE ENTERPRISES, Inc reported third fiscal quarter ended June 25, 2023 results: revenue $171 million, net income $2 million.
- Period
- third fiscal quarter ended June 25, 2023
- Revenue
- $171 million
- Net income
- $2 million
- Result
- preliminary results
Exact text from the filing
Key Third Quarter Highlights: • Total operating revenue was $171 million. • Total Digital Revenue was $70 million, a 15% increase over the prior year, and represented 41% of our total operating revenue. • Digital-only subscription revenue increased 43% in the third quarter compared to the same quarter last year due to a 21% increase in digital-only subscribers and marketing efforts driving price yields. Digital-only subscribers totaled 606,000 at the end of the June quarter. • Digital advertising and marketing services revenue represented 63% of our total advertising revenue and totaled $50 million, an 8% increase over the prior year. Digital marketing services revenue at Amplified Digital ® fueled the growth, with quarterly revenue of $24 million, a 15% increase compared to the prior year. • Digital services revenue, which is predominantly BLOX Digital, totaled $5 million in the quarter. On a standalone basis, revenue at BLOX Digital totaled $9 million, a 12% increase over the prior y
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