Filing Flows › LEE Enterprises (LEE) › Q2 FY25
LEE Enterprises (LEE) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 9, 2025
LEE Enterprises (LEE) reported revenue of $137M for the second quarter fiscal 2025 (Q2 FY25), -6% from a year earlier and -5% from the quarter before. Operating margin was -3.3%, net loss $12.0M (8.7% of revenue).
LEE Enterprises, Q2 FY25: revenue $137M (-6% year over year), operating margin -3.3%, net loss $12.0M, operating cash flow −$790K. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $137M | -5% | -6% |
| Operating profit | −$4.5M | — | — |
| Net earnings | −$12.0M | — | — |
| Operating cash flow | −$790K | — | — |
What changed
Revenue was $137.4M in Q2 FY25, down 6% year over year and down 5% from the previous quarter. Subscription was the largest line at 47% of revenue. Subscription lost $4.4M year over year (down 6%), 48% of the total change.
Operating costs exceeded revenue by $4.5M, an operating margin of -3.3%. Total costs fell 6% while revenue fell 6%. The quarter ended with a net loss of $12.0M, narrower than the previous quarter's $16.2M loss. Net interest and other expense of $9.3M was the main reason.
Operating cash flow was −$790K. Non-cash charges added back $5.2M of depreciation and amortization and $358K of share-based compensation. Working capital and other items added $5.7M. Capital expenditures of $1.4M exceeded it, leaving free cash flow of −$2.2M.
Questions
What was LEE Enterprises' revenue in the second quarter fiscal 2025?
LEE Enterprises (LEE) reported revenue of $137M for the second quarter fiscal 2025 (Q2 FY25), -6% from a year earlier and -5% from the quarter before.
Was LEE Enterprises profitable in the second quarter fiscal 2025?
Operating loss was $4.5M (-3.3% of revenue) and net loss $12.0M.
Source: LEE Enterprises 10-Q on SEC EDGAR.