Davenport-based Lee Enterprises Inc., a publisher of 46 daily newspapers across the country, reported a preliminary loss of $9.7 million, or 19 cents per share, for its third fiscal quarter, which ended June 29. This compares with net earnings of $1.8 million, or 3 cents per share, for the same quarter a year ago.
The company's debt financing and reorganization costs were $21.7 million and litigation settlement $2.3 million. Adjusted income attributable to Lee Enterprises Inc. was just under $6 million for the most recent quarter. Lee also reported a 17 percent growth in digital revenue, attributed to the launch of Lee's full-access subscription model in 14 larger markets.