Earnings Call Summary | Lee Enterprises(LEE.US) Q3 2024 Earnings Conference
Earnings Call Summary | Lee Enterprises(LEE.US) Q3 2024 Earnings Conference
The following is a summary of the Lee Enterprises (LEE) Q3 2024 Earnings Call Transcript:
以下是李氏企业(LEE)2024年第三季度业绩会简报:
Financial Performance:
金融业绩:
Lee Enterprises reported Q3 total operating revenue of $151 million.
Digital revenue streams collectively grew, with digital advertising reaching $50 million and digital subscriptions totaling $21 million, each showing year-over-year growth.
Adjusted EBITDA for the quarter was $15 million.
Digital margin stands impressively at 72%, indicative of high profitability in digital businesses.
李氏企业报告2024年第三季度总营业收入为1.51亿美元。
数字收入流通道统计增长,数字广告收入达到5000万美元,数字订阅总计达2100万美元,均呈现逐年增长。
该季度调整后的EBITDA为1500万美元。
数字业务利润率惊人地达到了72%,表明数字业务极具盈利能力。
Business Progress:
业务进展:
Achieved a digital revenue inflection point, surpassing print revenue.
Digital subscriber count increased to 748,000, a 23% rise year-over-year.
Amplified Digital Agency grew 12% in the quarter, reaching annualized revenue of over $100 million.
Total digital revenues over the last 12 months hit $290 million, maintaining a 17% annual growth rate over three years.
已经实现了数字收入的拐点,超过印刷收入。
数字订阅人数增至74.8万,同比增长23%。
扩大数字机构在本季度增长了12%,年收入超过1亿美元。
过去12个月的总数字收入达到2.9亿美元,在过去三年中保持17%的年增长率。
Opportunities:
机会:
Lee Enterprises' diverse and growing digital revenue streams, particularly in digital subscriptions and services, present a significant opportunity for sustainable profitability.
Approaching sustainability purely from digital operations offers potential for reduced reliance on the volatile print sector.
李氏企业多元化和不断增长的数字收入流通道,尤其是数字订阅和服务,为可持续的盈利提供了重大机会。
单纯从数字运营角度来看,接近可持续性具有减少对不稳定印刷领域依赖的潜力。
Risks:
风险:
Print revenue declined by 22% year-over-year, reflecting ongoing challenges and volatility in the print business, necessitating significant digital transformation efforts to offset this decline.
印刷收入同比下降22%,反映了印刷业务的持续挑战和波动性,需要大力进行数字转型以抵消这种下降。
More details: Lee Enterprises IR
更多细节请参见李氏企业投资者关系网站。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息,请参阅IR网站。本文只是为投资者提供参考,没有任何指导或推荐建议。