---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-050986"
form_type: "8-K"
ticker: "LEE"
cik: "0000058361"
company_name: "LEE ENTERPRISES, Inc"
filed_at: "2024-12-12T23:59:59+00:00"
generated_at: "2026-05-29T04:26:50.228447+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lee Enterprises Q4 digital revenue $82M (51% of total); FY EBITDA $65M misses target

## Summary
- Q4 total operating revenue $159M; digital-only subs revenue $24M, up 30% YoY.
- FY24 total digital revenue $299M, up 11% YoY; print revenue $312M, down 21%.
- Adjusted EBITDA $17M in Q4, $65M for FY24; fell short of company target.
- Debt $446M (9% fixed, 25-yr maturity, no covenants); net debt $436M after $10M cash.
- FY25 outlook: digital revenue growth 7-10%; Adjusted EBITDA low-single-digit growth.

## SEC filing metadata
- accession: 0001628280-24-050986
- form_type: 8-K
- ticker: LEE
- cik: 0000058361
- company_name: LEE ENTERPRISES, Inc
- filed_at: 2024-12-12T23:59:59+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/58361/000162828024050986/0001628280-24-050986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/58361/000162828024050986/lee-20241212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-050986
- JSON: https://secwatch.observer/filing/0001628280-24-050986.json
- Plain text: https://secwatch.observer/filing/0001628280-24-050986.txt

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