Lee Enterprises Reports Earnings Growth, Improving Revenue and 16% Increase in Operating Cash Flow
Lee Enterprises, Incorporated (NYSE:LEE) reported today that for its second fiscal quarter ended March 28, 2010, operating cash flow(1) increased 16.2 percent compared with a year ago, as online advertising revenue climbed 14.1 percent and the decline in total revenue moderated by more than half from the previous quarter to 6.6 percent.