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:
以下是李氏企業(LEE)2024年第三季度業績會簡報:
Financial Performance:
金融業績:
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.
李氏企業報告2024年第三季度總營業收入爲1.51億美元。
數字收入流通道統計增長,數字廣告收入達到5000萬美元,數字訂閱總計達2100萬美元,均呈現逐年增長。
該季度調整後的EBITDA爲1500萬美元。
數字業務利潤率驚人地達到了72%,表明數字業務極具盈利能力。
Business Progress:
業務進展:
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.
已經實現了數字收入的拐點,超過印刷收入。
數字訂閱人數增至74.8萬,同比增長23%。
擴大數字機構在本季度增長了12%,年收入超過1億美元。
過去12個月的總數字收入達到2.9億美元,在過去三年中保持17%的年增長率。
Opportunities:
機會:
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.
李氏企業多元化和不斷增長的數字收入流通道,尤其是數字訂閱和服務,爲可持續的盈利提供了重大機會。
單純從數字運營角度來看,接近可持續性具有減少對不穩定印刷領域依賴的潛力。
Risks:
風險:
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%,反映了印刷業務的持續挑戰和波動性,需要大力進行數字轉型以抵消這種下降。
More details: Lee Enterprises IR
更多細節請參見李氏企業投資者關係網站。
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。文章內容的準確性無法完全保證。有關更全面的詳細信息,請參閱IR網站。本文只是爲投資者提供參考,沒有任何指導或推薦建議。