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Lee Enterprises, Inc. (LEE), a provider of news, information and a major platform for advertising in 77 markets, on Thursday reported a net loss attributable to Lee of $1.78 million or $0.03 per share for the fourth quarter, compared to net income of $0.82 million or $0.01 per share in the year-ago quarter.


RTTNews | Dec 10, 2020 07:23AM EST

07:23 Thursday, December 10, 2020 (RTTNews.com) - Lee Enterprises, Inc. (LEE), a provider of news, information and a major platform for advertising in 77 markets, on Thursday reported a net loss attributable to Lee of $1.78 million or $0.03 per share for the fourth quarter, compared to net income of $0.82 million or $0.01 per share in the year-ago quarter.

Operating revenue for quarter declined 55.1 percent to $191.77 million from $123.67 million in the same quarter last year. On a pro forma basis, total operating revenue was down 16.9% in the quarter.

Read the original article on RTTNews ( https://www.rttnews.com/3152638/lee-enterprises-slips-to-loss-in-q4-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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