DAVENPORT, Iowa, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ:LEE) today announced its Chief Executive Officer, Kevin Mowbray, and Chief Financial Officer, Tim Millage, will hold a group presentation and host one-on-one meetings with investors at the Sidoti August Virtual Investor Conference, taking place on August 14-15, 2024. The group presentation will begin at 1:00pm ET on August 15, 2024, and can be accessed live here. Lee Enterprises will also host virtual one-on-one meetings with investors on Wednesday and Thursday, August 14-15, 2024. To register for the presentation or one-on-ones, visit www.sidoti.com/events. Registration is free and you don't need to

Total Digital Revenue(1) represented 50% of total revenueDigital-only subscription revenue increased 34%(2) with subscriptions up 23%Amplified Digital® Agency revenue totaled $26M, up 12% YOY(2) DAVENPORT, Iowa, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ:LEE), a digital-first subscription platform providing high quality, trusted, local news, information and a major platform for advertising in 73 markets, today reported preliminary third quarter fiscal 2024 financial results(3) for the period ended June 23, 2024. "We made tremendous progress on our digital transformation in the third quarter, and we are pleased to announce we have achieved the inflection point

DAVENPORT, Iowa, July 18, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ:LEE), a major subscription and advertising platform and a leading provider of high quality, trusted, local news and information in 73 markets, has scheduled an audio webcast and conference call for Thursday, August 1, 2024, at 9 a.m. Central Time. Lee plans to issue a news release before the market opens that day with preliminary results for its third quarter ended June 23, 2024. A live webcast of the conference call may be accessed via the Investor Relations portion of Lee's website or here. To participate in the live conference call via telephone, please register here. Upon registering, a dial-in nu

DAVENPORT, Iowa, July 18, 2024 (GLOBE NEWSWIRE) -- Madeline McIntosh and Jon Miller, pioneering media executives with extensive accomplishments in digital technology, consumer marketing and business transformations, have joined the board of directors of Lee Enterprises, Incorporated (NASDAQ:LEE). "Madeline and Jon bring unique backgrounds and impressive perspectives as independent directors to help us propel Lee's digital successes even farther and faster," said Mary Junck, chairman. "Our board is thrilled to gain their wisdom and foresight as we accelerate Lee's transformation in providing our market-leading news, information and advertising in compelling new ways." They fill retirement

DAVENPORT, Iowa, May 06, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ:LEE) today announced its Chief Executive Officer, Kevin Mowbray, and Chief Financial Officer, Tim Millage, will hold a group presentation and host one-on-one meetings with investors at the Sidoti May Virtual Investor Conference, taking place on May 8-9, 2024. The group presentation will begin at 2:30pm ET on May 8, 2024, and can be accessed live here. Lee Enterprises will also host virtual one-on-one with investors on Wednesday and Thursday, May 8-9, 2024. To register for the presentation or one-on-ones, visit www.sidoti.com/events. Registration is free and you don't need to be a Sidoti client. About

Adjusted EBITDA(1) growth of 5% YOYDigital-only subscription revenue increased 48%(2) with subscriptions up 25%Total Digital Revenue(3) of $71M represented 48% of total revenue DAVENPORT, Iowa, May 02, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ:LEE), a digital-first subscription platform providing high quality, trusted, local news, information and a major platform for advertising in 73 markets, today reported preliminary second quarter fiscal 2024 financial results(4) for the period ended March 24, 2024. "Lee delivered strong second quarter operating results as we improved overall revenue trends, managed operating expenses, and grew Adjusted EBITDA," said Kevin Mowbra

DAVENPORT, Iowa, May 01, 2024 (GLOBE NEWSWIRE) -- Les Ottolenghi, a Fortune 500 senior technology and cybersecurity executive, has joined Lee Enterprises, Incorporated (NASDAQ:LEE), as Chief Transformation and Commercial Officer. Kevin Mowbray, Lee's President and Chief Executive Officer, said the senior-level role was created to advance and accelerate Lee's industry-leading digital growth and further strengthen market supremacy. "Les brings over 25 years of leadership experience in large public corporations and high-growth technology startups, with keen expertise in digital transformation, artificial intelligence developments, e-commerce, modernizing digital infrastructure,

DAVENPORT, Iowa, April 22, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ:LEE), a major subscription and advertising platform and a leading provider of high quality, trusted, local news and information in 73 markets, has scheduled an audio webcast and conference call for Thursday, May 2, 2024, at 9 a.m. Central Time. Lee plans to issue a news release before the market opens that day with preliminary results for its second quarter ended March 24, 2024. A live webcast of the conference call may be accessed via the Investor Relations portion of Lee's website or here. To participate in the live conference call via telephone, please register here. Upon registering, a dial-in

DAVENPORT, Iowa, March 29, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ:LEE) ("Lee" or the "Company"), today announced that its Board of Directors (the "Board") has unanimously adopted a limited-duration shareholder rights plan ("Rights Plan"). The Rights Plan is effective immediately and will expire on March 27, 2025. The Board may consider an earlier termination of the Rights Plan if circumstances warrant. The Board, in consultation with its legal advisors, adopted the Rights Plan in response to the significant accumulation of shares of Lee common stock by Quint Digital Limited, an entity based in India (together with its promoters and affiliates, "Quint"). In adopting

Adjusted EBITDA(1) growth of 6% YOYDigital-only subscribers totaled 735,000 (+30% YOY); Revenue +60% YOY(2)Total Digital Revenue(3) represented 46% of revenue, totaled $71M DAVENPORT, Iowa, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ:LEE), a digital-first subscription platform providing high quality, trusted, local news, information and a major platform for advertising in 73 markets, today reported preliminary first quarter fiscal 2024 financial results(4) for the period ended December 24, 2023. "Our Three Pillar Digital Growth Strategy is driving audience growth, improving consumer engagement, and increasing digital subscribers. We now have 73

DAVENPORT, Iowa, July 18, 2024 (GLOBE NEWSWIRE) -- Madeline McIntosh and Jon Miller, pioneering media executives with extensive accomplishments in digital technology, consumer marketing and business transformations, have joined the board of directors of Lee Enterprises, Incorporated (NASDAQ:LEE). "Madeline and Jon bring unique backgrounds and impressive perspectives as independent directors to help us propel Lee's digital successes even farther and faster," said Mary Junck, chairman. "Our board is thrilled to gain their wisdom and foresight as we accelerate Lee's transformation in providing our market-leading news, information and advertising in compelling new ways." They fill retirement

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2024 Fiscal Year Outlook (unchanged): Total Digital Revenue $310 million (+13% YOY) - $330 million (+21% YOY) Digital-only subscribers 771,000 (+7% YOY) Adjusted EBITDA $83 million (-3% YOY) - $90 million (+6% YOY

Lee Enterprises (NASDAQ:LEE) reported quarterly losses of $(2.06) per share which missed the analyst consensus estimate of $(0.22) by 836.36 percent. This is a 103.96 percent decrease over losses of $(1.01) per share from the same period last year. The company reported quarterly sales of $146.550 million which missed the analyst consensus estimate of $157.400 million by 6.89 percent. This is a 14.14 percent decrease over sales of $170.687 million the same period last year.

- Reuters Citing SEC Filing

Gainers Reddit (NYSE:RDDT) stock rose 11.5% to $66.67 during Tuesday's pre-market session. The market value of their outstanding shares is at $10.6 billion. NextPlat (NASDAQ:NXPL) stock rose 10.66% to $1.66. The company's market cap stands at $31.0 million. Advantage Solutions (NASDAQ:ADV) stock rose 8.44% to $4.6. The company's market cap stands at $1.4 billion. Collective Audience (NASDAQ:CAUD) stock rose 6.69% to $0.74. The company's market cap stands at $10.1 million. iHeartMedia (NASDAQ:IHRT) shares moved upwards by 5.88% to $1.98. The company's market cap stands at $286.5 million. VS Media Holdings (NASDAQ:VSME) shares moved upwards by 5.82% to $0.38. The market value of their ou

Although U.S. stocks closed higher on Wednesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform. Lee Enterprises The Trade: Lee Enterprises, Incorporated (NASDAQ:LEE) 10% owner Quint Digital Ltd acquired a total of 46,50

Although U.S. stocks closed higher on Thursday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform. KalVista Pharmaceuticals The Trade: KalVista Pharmaceuticals, Inc. (NASDAQ:KALV) 10% owner Nimish P Shah acquired a total of

Lee Enterprises (NASDAQ:LEE) reported quarterly earnings of $0.12 per share which beat the analyst consensus estimate of $(0.02) by 700 percent. This is a 36.84 percent decrease over earnings of $0.19 per share from the same period last year. The company reported quarterly sales of $155.68 million which missed the analyst consensus estimate of $165.90 million by 6.16 percent. This is a 15.91 percent decrease over sales of $185.13 million the same period last year.

Companies Reporting Before The Bell • ING Groep (NYSE:ING) is expected to report earnings for its fourth quarter. • Shell (NYSE:SHEL) is likely to report quarterly earnings at $1.81 per share on revenue of $75.66 billion. • Takeda Pharmaceutical (NYSE:TAK) is likely to report earnings for its third quarter. • Sanofi (NASDAQ:SNY) is projected to report quarterly earnings at $1.50 per share on revenue of $12.26 billion. • Illinois Tool Works (NYSE:ITW) is likely to report quarterly earnings at $2.41 per share on revenue of $4.01 billion. • Royal Caribbean Gr (NYSE:RCL) is estimated to report quarterly earnings at $1.13 per share on revenue of $3.36 billion. • BrightSphere Investment (NY

Lee Enterprises (NASDAQ:LEE) is set to give its latest quarterly earnings report on Thursday, 2024-02-01. Here's what investors need to know before the announcement. Analysts estimate that Lee Enterprises will report an earnings per share (EPS) of $-0.02. Lee Enterprises bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Historical Earnings Performance Last quarter the company missed EPS by $1.72, which was followed by a 4.96% incr