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QC Times parent company loses nearly $17 million in 1st quarter; print ad revenue plunges 19 percent

on Sat, 02/08/2025 - 04:02   by news

Lee Enterprises, Inc. – owner of the Quad City Times and Dispatch/Argus – hopes increasing digital advertising and subscription revenues will eventually offset the steady decline in the media company's print ad and subscription revenue.

But the latest quarterly report shows the difficulty in jumping from print to online revenue streams.

The company lost $16.9 million for the first quarter as print ad revenues plunged more than 19 percent compared to the same period a year ago. A year ago, the company lost $1.6 million during the first quarter.

Lee Enterprises operating revenue falls 4.8 percent in third quarter; per share earnings decline 27 percent

on Fri, 08/03/2018 - 20:59   by news

Despite gains in its digital advertising revenues, Lee Enterprises, Inc. today (8/3) reported overall operating revenues in the third quarter fell nearly 5 percent and net income per share was off 27 percent compared with the same period a year ago.

Lee – owner of the Quad City Times and Dispatch-Argus newspapers – had net income of $4.75 million (8 cents per share) for the three-month period ended June 24, compared with $6.29 million (11 cents per share) a year ago.

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