Thursday 8 November 2007
Lee Enterprises profits up 83%, online ad revenue up 60%
By Erina Lin, Thursday 8 November 2007 at 22:55 :: General
U.S. publisher Lee Enterprises unveiled its strong growth in the third quarter, despite a continued slowdown in real estate advertising and struggling circulation.
The net income of the third quarter rose 83 percent to $19.9 million compared to $10.9 million a year ago. Revenues for the period last year went up moderately, from $216 million to $219 million, which represented a 1.4 percent gain.






