earnings
confidence high
sentiment negative
materiality 0.75
Lee Q2 revenue $137M, digital 53% of total; net loss $12M from cyber impact
LEE ENTERPRISES, Inc
2025-Q2 EPS
reported -$4.87
vs consensus -$0.13
▼ miss
(-3609.1%)
- Total Digital Revenue $73M, +3% YoY (4% same-store), now 53% of total operating revenue.
- Digital-only subscription revenue +20% same-store; 728,000 digital-only subscribers.
- Net loss of $12M; Adjusted EBITDA $8M; $2M cyber restoration costs hurt results.
- Debt $453M (9.0% fixed, 25-yr maturity); cash $5M; March/April interest waived by lender.
- Expects improving YoY trends in H2 FY25; $40M annualized cost cuts executed in Q2.