LEE
Lee Enterprises, Incorporated3.4500
-0.2000-5.48%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q1 '26
No Q&A questions; remarks stand
No analyst questions surfaced in Q&A, leaving Lee's Q1 adjusted EBITDA surge—61% to $12M—and the $50M equity raise with 5% interest rate cut on $455M debt unchallenged. The pre-Q&A Huddl sports partnership nod hints at local content push, but details stay vague. Management reaffirmed mid-single-digit FY2026 EBITDA growth amid digital revenue at 54% of total. Q&A silence signals consensus on deleveraging and Vistas project. The session drew no questions.
Key Stats
Market Cap
21.60MP/E (TTM)
-Basic EPS (TTM)
-6.20Dividend Yield
0%Recent Filings
8-K
Annual meeting rescheduled early
10-Q
Q1 FY2026 results
Lee Enterprises swung to $5.2M operating income for Q1 FY2026 ended December 28, 2025, up from a $3.4M loss y/y, while revenue dipped 10% to $130.1M on print declines offset by 5.3% digital subscription growth to $22.7M. Expenses fell 15.5% to $125.9M, fueled by 18% lower compensation and insurance proceeds, yet net loss narrowed to $5.1M ($0.92/share) from $16.2M ($2.80/share), confirmed against 6,119,000 diluted shares. Cash rose to $12.6M with $4.5M operating cash flow; $455.5M term debt at 9% due 2045 holds steady. Post-quarter, a $50M private placement closed February 5, 2026, cutting rates to 5% for five years. Digital now 54% of revenue. Cyber litigation lingers.
8-K
Q1 EBITDA surges, $50M infusion
Lee Enterprises posted Q1 FY2026 preliminary results with $130M revenue and Adjusted EBITDA up $5M to $12M, fueled by 5% digital subscription growth to $23M while print revenue plunged. They closed a $50M private placement at $3.25/share led by David Hoffmann on February 5, 2026, slashing debt interest from 9% to 5% for five years and saving ~$18M annually. Digital now 54% of revenue. Sustainable sans print in five years.
8-K
Closes $50M PIPE, control change
Lee Enterprises closed a $50M private placement on February 5, 2026, issuing 16M shares at $3.25 each, triggering control shift to David Hoffmann at 52% ownership. Credit amendment slashed term loan rates from 9% to 5% for five years, projecting $18M annual interest savings. CEO Mowbray retired; Nathan Bekke named interim CEO. Hoffmann became chairman.
8-K
Lee inks $50M equity deal
Lee Enterprises signed a $50M private placement at $3.25/share, led by David Hoffmann with others, pending Q1 2026 stockholder approval. Closing triggers credit amendment slashing debt interest from 9% to 5% for five years, saving $18M annually (derived). CEO Mowbray retires; COO Bekke named interim. Hoffmann becomes board chair. Risks hinge on approval.
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