Lee Enterprises reports double digit digital growth
Quad-City Times: Davenport-based Lee Enterprises Inc., a media company that owns news outlets in eastern Iowa, reported today earnings of $10.7 million for its first fiscal quarter ended Dec. 30, or 18 cents per diluted common share. For the same quarter a year ago, earnings totaled $34.6 million, or 61 cents per diluted common share. Adjusted for the impact of the 2017 Tax Act as well as the warrants, adjusted earnings per diluted common share totaled 18 cents in the current year quarter compared to 18 cents in the prior year quarter.
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