LEE - Why Media Company Lee Enterprises Stock Is Sliding Today | Benzinga
Lee Enterprises Inc (NASDAQ: LEE) reported Q4 FY23 operating revenue was $164.0 million, missing the consensus of $173.4 million.
Total Digital revenue increased 14% Y/Y to $73 million in the quarter. Digital-only subscription revenue rose 68% Y/Y, led by an increase of 36% Y/Y in digital-only subscribers and marketing efforts driving price yields. At the end of the quarter, digital-only subscribers totaled 721,000.
Adjusted ...