Highest-materiality recent filing
Lee Enterprises director Mary Junck to retire effective July 31, 2026
Mary Junck informed the Board of her retirement on July 7, 2026.
Lee Enterprises signs 5-year management agreement to operate Hoffmann Media Group publications
Agreement effective June 1, 2026, for 5 years; Lee to manage Hoffmann's newspapers and digital properties across FL, CA, MI, MO, CO and other markets.
Lee Enterprises Q2 Adj EBITDA up 95% to $15M; digital revenue 56% of total
Total operating revenue $122M; digital revenue $68M (56% of total).
Lee Enterprises names Nathan Bekke permanent CEO and Josh Rinehults CFO
Bekke appointed President & CEO, Rinehults VP, CFO & Treasurer, effective April 23, 2026.
Ronald J. Kruszewski elected director with 18.36M votes for, 487K against; Madeline E. McIntosh with 18.80M for, 40K against.
Board sets 2026 Annual Meeting for April 6, 2026, advanced over 30 days from 2025 meeting anniversary.
Lee Q1 Adj EBITDA up 61% YoY, closes $50M equity placement, debt rate cut to 5%
Q1 total operating revenue $130M; Adjusted EBITDA $12M vs $7M prior year, including $2M cyber insurance reimbursement.
Lee Enterprises closes $50M private placement, change of control; CEO/CFO depart
Closed $50M private placement; sold ~16M shares at $3.25/share; Anchor Investor David Hoffmann now holds ~52%.
Lee Enterprises raises $50M at $3.25/share; CEO Mowbray to retire; credit rate cut from 9% to 5%
Private placement of 15.38M shares at $3.25, anchored by David Hoffmann with ~$35M commitment; top existing investors cover remaining ~$15M.
Lee Enterprises cancels Dec. 19 special meeting; withdraws all proxy proposals
Special meeting scheduled for Dec. 19, 2025 canceled on Dec. 18, 2025.
Lee Enterprises postpones special meeting from Dec 4 to Dec 19, 2025
Special meeting postponed to Dec 19, 2025; prior date was Dec 4, 2025.
Lee Enterprises Q4 Adj EBITDA up $2M YoY; digital subs revenue +16%
Q4 total operating revenue $139M; net loss $6M; Adj EBITDA $15M, up $2M on comparable basis.
Lee Enterprises CFO Tim Millage resigns to become church pastor; effective Feb 28, 2026
CFO Tim Millage will resign effective Feb 28, 2026, to become Executive Pastor at Coram Deo Bible Church.
Lee Enterprises announces up to $50M rights offering; term loan rate could drop to 5% from 9%
Up to $50M rights offering to raise capital for digital transformation; conditioned on stockholder approval of additional shares.
Lee Q3 net loss narrows to $2M; digital revenue 55% of total; Adjusted EBITDA $15M (+1%)
Total operating revenue $141M; Total Digital Revenue $78M (55% of revenue), up 3% YoY.
Lee Q2 revenue $137M, digital 53% of total; net loss $12M from cyber impact
Total Digital Revenue $73M, +3% YoY (4% same-store), now 53% of total operating revenue.
Lee Enterprises secures May interest/rent waiver; principal rises to $457M after cyber attack
Lender waives May 2025 interest ($3.40M) and rent ($0.39M), adding both to loan principal.
Lee Enterprises gets second waiver for April 2025 payments, adds $3.7M liquidity amid cyber attack
Second Covenant Waiver from BH Finance and BH Media waives April 2025 interest and lease payments.
Lee Enterprises extends poison pill to March 2026 after Hoffmann Family accumulates 9.8% stake
Rights plan extended by one year to March 27, 2026, in response to Hoffmann Family's unsolicited interest (announced March 20, 2025).
Cyberattack on Feb 3 encrypted critical apps and exfiltrated files; threat contained, restoration ongoing.
Lee Enterprises shareholders re-elect three directors, approve say-on-pay, LTIP amendment
Directors Junck, Moloney, Mowbray re-elected for three-year terms expiring 2028.
Threat actors encrypted critical applications and exfiltrated files; forensic investigation ongoing.
Lee Enterprises Q1 digital revenue $73M (51% of total); net loss $16M; AWS partnership
Total operating revenue $145M; total digital revenue $73M (+5% YoY), now 51% of total revenue.
Lee Enterprises Q4 digital revenue $82M (51% of total); FY EBITDA $65M misses target
Q4 total operating revenue $159M; digital-only subs revenue $24M, up 30% YoY.
Lee Q3 digital revenue hits 50% of total; FY Adj EBITDA guidance cut to $73-78M
Total operating revenue $151M; digital revenue $76M (+9% YoY) now 50% of total.
Lee Enterprises adds Madeline McIntosh and Jon Miller to board; David Pearson retires
David Pearson retired from board effective July 16, 2024; no disagreement cited.
Lee Enterprises Q2 Adjusted EBITDA up 5% YoY; digital-only subscription revenue surges 48% to $20M
Total digital revenue $71M (11% YoY increase), now 48% of total operating revenue of $147M.
Lee Enterprises adopts limited-duration shareholder rights plan against Quint Digital's 12.4% stake
Board adopted rights plan effective March 28, 2024, expiring March 27, 2025.
Lee Enterprises 2024 annual meeting results: all proposals pass
Steven C. Fletcher re-elected with 2,742,820 votes for, 637,836 withheld.
Lee Enterprises Q1 adjusted EBITDA up 6% YoY; digital-only subscribers rise 30% to 735k
Q1 total operating revenue $156M; total digital revenue $71M (+11% YoY), 46% of total revenue.
Lee Q4 digital revenue up 14% to $73M, raises long-term subscriber target to 1.2M
Q4 total operating revenue $164M; digital revenue $73M (44% of total), up 14% YoY.
Lee Enterprises Q3 digital revenue up 15% to $70M; digital-only subscribers up 21% to 606K
Net income $2M; Adjusted EBITDA $23M (+1% YoY).
Lee Enterprises reports strong digital growth; Q2 net loss $5M, Adj EBITDA $14M
Total Digital Revenue $65M (+12% YoY); digital-only subscribers 596,000 (+21% YoY).
Lee Enterprises shareholders re-elect three directors, approve say-on-pay at annual meeting
David T. Pearson re-elected with 2,352,657 votes for, 999,495 withheld.
Lee Enterprises regains Nasdaq compliance after filing late 10-K and 10-Q
Received Nasdaq notice on March 3, 2023 confirming compliance with listing standards.
Lee Enterprises Q1 digital revenue up 17% to $65M; reaffirms FY2023 Adjusted EBITDA guidance
Total operating revenue $185M; net income $2M; Adjusted EBITDA $18M.
Lee Enterprises receives Nasdaq notice for delayed 10-K and 10-Q; faces potential delisting
Nasdaq notified Lee of non-compliance for delayed FY2022 10-K and Q1 2023 10-Q; stock remains listed pending compliance plan.
Lee Enterprises discloses material weaknesses in internal controls; 10-K filing delayed
Material weaknesses in IT user access controls and validation of third-party service organization data; disclosure controls also ineffective.
Nasdaq notified Lee on Dec 28, 2022 of non-compliance with Listing Rule 5250(c)(1) due to delayed FY2022 10-K.
Ray Farris, Operating VP and VP of Advertising, to retire effective Jan 1, 2023
Farris and Lee Enterprises entered an irrevocable retirement agreement dated Dec 23, 2022.
FY22 total operating revenue $781M (-2% YoY); net income $1M; Adjusted EBITDA $96M (in line with guidance $95-98M).
Presentation covers strategic plans, growth initiatives, and outlook.
Lee Enterprises transfers $86M in pension liabilities to insurer via annuity purchase
Plan will purchase annuities from an insurer, transferring ~$86M in liabilities.
Lee Enterprises Q3 digital subs hit 501K (+49% YoY), digital ad revenue now 51% of total
Total operating revenue $195M; net income $0.2M; Adjusted EBITDA $23M.
Lee Enterprises elects Shaun McAlmont to Board; digital transformation expertise added
Shaun McAlmont elected to Lee Board of Directors, effective May 9, 2022.
Lee Enterprises Q2 digital revenue up 33% to $58M, digital-only subscribers up 59% to 492K
Total digital revenue $58.1M (+33% YoY); digital-only subscribers 492K (+59% YoY).
Shareholders re-elect three directors and ratify BDO USA as auditor
Mary E. Junck re-elected with 3,416,133 votes for, 1,132,738 withheld.
Lee Enterprises Q1: digital-only subs up 57% to 450k; total digital revenue $55M (+17% YoY)
GAAP net income $13.2M on total operating revenue $202.3M; Adjusted EBITDA $26.1M.
Lee Enterprises increases base salaries for CFO and Operating VP effective Jan 1, 2022
CFO Timothy Millage base salary adjusted to $525,000 per year, effective Jan. 1, 2022.
Lee Enterprises reports preliminary Q4/FY2021; no specifics in filing text
Preliminary results for Q4 and fiscal year ended Sept 26, 2021, reported on Dec 9, 2021.
David Pearson retired from the Board of Directors (the “Board”) of Lee Enterprises, Incorporated (the “Company”) effective July 16, 2024.
On July 17, 2024, the Board elected Madeline McIntosh and Jonathan Miller to serve as directors.
On July 17, 2024, the Board elected Madeline McIntosh and Jonathan Miller to serve as directors.
Lee Enterprises, Incorporated (the “Company”) and Ray Farris, Operating Vice President and VP of Advertising for the Company, entered into an agreement, which became irrevocable on December 23, 2022, and details Mr. Farris’s retirement from the Company.
On May 9, 2022, the Board of Directors (the “Board”) of Lee Enterprises, Incorporated (the “Company”) elected Shaun E. McAlmont, PhD, as a member of the Board.
Max materiality 0.90 · Median 0.68 · Most common event earnings