Lee Enterprises reports first quarter results
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UPDATE: Lee Enterprises (LEE) Reports Q1 EPS of $0.28 on Revenues of $211.8M
February 4, 2021 7:17 AM EST(Updated - February 4, 2021 7:17 AM EST)
Lee Enterprises (NYSE: LEE) reported Q1 EPS of $0.28, versus $0.09 reported last year. Revenue for the quarter came in at $211.8 million, versus $122.34 million reported last year.
FIRST QUARTER HIGHLIGHTS
Total operating revenue was $211.8 million compared to $122.3 million in the same quarter last year, reflecting the acquisition of BH Media and Buffalo News. On a pro forma basis, total operating revenue was down 10.9% to the same quarter last year.Subscription revenue totaled $90.5 million, a 1.9% increase compared to the prior year. Digital-only subscriptions at the end... More