Earnings: Lee’s Online Ad Revs Up 44 Percent

Regional newspaper company Lee Enterprises (NYSE: LEE) reported its Q2 profits rose more than 21 percent on higher sales from increased advertising revenue. Earnings for Q2 were $22.7 million, up from $18.7 million a year ago. Sales were $310.1 million, up from $217.9 million a year ago.
Not much about online revenues, but it said that online advertising revenues were up 44.3 percent.
Release on earnings here.

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