Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
An update from Lee Enterprises ( (LEE) ) is now available.
Lee Enterprises reported its fourth quarter and full-year fiscal 2024 results, highlighting significant growth in digital revenue, which constituted 51% of the total quarterly revenue. The company achieved 41% growth in digital subscriptions and made strategic investments in AI and technology, although it fell short of its Adjusted EBITDA target. Going forward, Lee aims to capitalize on local advertising growth driven by AI advancements, leveraging strategic partnerships with technology companies to enhance market positioning and stakeholder value.
More about Lee Enterprises
Lee Enterprises is a major subscription and advertising platform that provides local news and information through daily newspapers, digital products, and nearly 350 weekly and specialty publications. It serves 73 markets across 26 states, focusing on intensely local content and strong relationships with local advertisers.
YTD Price Performance: 111.56%
Average Trading Volume: 43,758
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $103.1M
Learn more about LEE stock on TipRanks’ Stock Analysis page.
