Lee Enterprises Digital Surge, 57M in 12 Months

Lee Enterprises Q2 FY2026 earnings soar, with adjusted EBITDA hitting $15M, nearly doubling from last year. Digital revenue now accounts for 56% of total revenue, driving a 57M total over the past year. The company ended the quarter with 591K digital-only subscribers, generating $22M. Costs were slashed by 15%, and they pocketed $4M in insurance from a cyber attack. New chairman David Hoffman is focusing on local journalism, with a 7% increase in digital subscriptions and stabilizing digital ads. Execs are prioritizing profitability over low-margin ads and plan to sell $20M in non-core assets. Theyre aiming for mid-single-digit adjusted EBITDA growth for the full year and a fully digital future within three years. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/31b0674ede5fb916