{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-027102","form_type":"8-K","ticker":"LEE","cik":"0000058361","company_name":"LEE ENTERPRISES, Inc","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.393578+00:00","generated_at":"2026-06-12T09:53:09.738043+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Lee Enterprises Q3 digital revenue up 15% to $70M; digital-only subscribers up 21% to 606K","bullets":["Net income $2M; Adjusted EBITDA $23M (+1% YoY).","Total Digital Revenue $70M (41% of total operating revenue); digital-only subscription revenue +43% YoY.","FY2023 guidance: Total Digital Revenue $270-285M, Adjusted EBITDA $85-90M.","Debt $460M at 9% fixed interest, no financial covenants.","Amplified Digital revenue $24M (+15% YoY)."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-027102","json":"https://secwatch.observer/filing/0001628280-23-027102.json","markdown":"https://secwatch.observer/filing/0001628280-23-027102.md","text":"https://secwatch.observer/filing/0001628280-23-027102.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/58361/000162828023027102/0001628280-23-027102-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/58361/000162828023027102/lee-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T09:53:09.738043+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":"a5a7e8a4d5e1f12b41c9ebc4dff548f7c490227a","claim":"LEE ENTERPRISES, Inc reported third fiscal quarter ended June 25, 2023 results: revenue $171 million, net income $2 million.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/58361/000162828023027102/0001628280-23-027102-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third fiscal quarter ended June 25, 2023"},{"label":"Revenue","value":"$171 million"},{"label":"Net income","value":"$2 million"},{"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"}