Lee Enterprises (LEE) Misses Q3 EPS by 1c
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Lee Enterprises Reports First Quarter Earnings
February 4, 2016 6:35 AM ESTDAVENPORT, Iowa--(BUSINESS WIRE)-- Lee Enterprises, Incorporated (NYSE: LEE), a major provider of local news, information and advertising in 50 markets, today reported preliminary(1) results for its 2016 first fiscal quarter ended December 27, 2015.
"We are off to a strong start in 2016. Digital advertising, subscriptions, digital services, commercial printing and other revenue accounted for more than half of our total revenue in the quarter. All of these categories are growing, and we see opportunity for future expansion," Mary Junck, chairman and chief executive officer said.
"We continue to carefully manage cash costs(2) and... More
