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Lee Enterprises Inc. (LEE) Thursday announced a narrower net loss for the second quarter on higher revenue from the previous year.


RTTNews | May 6, 2021 08:39AM EDT

08:38 Thursday, May 6, 2021 (RTTNews.com) - Lee Enterprises Inc. (LEE) Thursday announced a narrower net loss for the second quarter on higher revenue from the previous year.

The company reported net loss of $608 thousand, compared to $4.990 million in the prior year. On a per-share, loss was $0.19, narrower than $0.94 in the prior year. Revenue for the quarter increased to $192.43 million from $121.37 million a year ago. On a pro forma basis, total operating revenue was down 8.1 percent to the same quarter last year.

Read the original article on RTTNews ( https://www.rttnews.com/3192519/lee-enterprises-reports-narrower-net-loss-for-q2.aspx)

For comments and feedback: contact editorial@rttnews.com

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