---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-033867"
form_type: "8-K"
ticker: "LEE"
cik: "0000058361"
company_name: "LEE ENTERPRISES, Inc"
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T14:05:42.694712+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lee Q3 digital revenue hits 50% of total; FY Adj EBITDA guidance cut to $73-78M

## Summary
- Total operating revenue $151M; digital revenue $76M (+9% YoY) now 50% of total.
- Digital-only subscription revenue $21M (+34% YoY) on 748k subs (+23% YoY).
- Amplified Digital Agency revenue $26M (+12% YoY), annualized >$100M.
- Adjusted EBITDA $15M; FY2024 outlook lowered to $73-78M from prior expectations.
- Debt $453M (9% fixed, 25-yr maturity, no covenants); cash $13M; net debt $439M.

## SEC filing metadata
- accession: 0001628280-24-033867
- form_type: 8-K
- ticker: LEE
- cik: 0000058361
- company_name: LEE ENTERPRISES, Inc
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/58361/000162828024033867/0001628280-24-033867-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/58361/000162828024033867/lee-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-033867
- JSON: https://secwatch.observer/filing/0001628280-24-033867.json
- Plain text: https://secwatch.observer/filing/0001628280-24-033867.txt

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