Lee Enterprises 1Q 2026: Revenue $122M, EPS $(0.16) — 10-Q Summary
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Lee Enterprises reported a first-quarter 2026 revenue of $122M, down 11.2% YoY, with a net loss of $(2.15) M, an improvement from $(12.51) M a year earlier. Diluted EPS was $(0.16), compared to $(2.07) in the previous year. Digital revenue now exceeds 55%, despite a 19% drop in digital-only subscriptions. Operating expenses were reduced by 20% through cost-cutting measures. The company completed a $50M private placement and is transitioning to a digital-first strategy.
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