LEE ENTERPRISES, Inc - 8-K Filing
Lee Enterprises reported preliminary second quarter fiscal 2026 results on May 7, 2026, showing a 95% year-over-year increase in Adjusted EBITDA to $15 million, driven by insurance reimbursements and core business growth. Total revenue was $122 million, with digital revenue accounting for 56% of total revenue. The company reduced its interest rate to 5% from 9% following a $50 million private placement of common stock in February 2026, and ended the quarter with $53 million in cash. (Items: 2.02 Results of Operations and Financial Condition, 7.01 Regulation FD DisclosureThe disclosure contained in Item 2, 9.01 Financial Statements and Exhibits)
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