secwatch.observer — SEC 8-K summary
======================================

Issuer:     LEE ENTERPRISES, Inc (LEE)
CIK:        0000058361
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001628280-23-027102
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lee Enterprises Q3 digital revenue up 15% to $70M; digital-only subscribers up 21% to 606K
--------------------------------------------------------------------------------

- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/58361/000162828023027102/0001628280-23-027102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/58361/000162828023027102/lee-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-027102

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