Lee Enterprises, Incorporated (NASDAQ:LEE) Q3 2022 Earnings Conference Call August 4, 2022 10:00 AM ET
Company Participants
Josh Rinehults - Vice President, Finance
Kevin Mowbray - President & Chief Executive Officer
Tim Millage - Vice President, Chief Financial Officer & Treasurer
Conference Call Participants
Mike Kupinski - NOBLE Capital Markets
Operator
Welcome to the Lee Enterprise 2022 Third Quarter Webcast and Conference Call. The call is being recorded and will be available for replay beginning later this morning at investors.lee.net. [Operator Instructions] A link to the live webcast can be found at investors.lee.net.
Now, I'll turn the call over to your host Mr. Josh Rinehults, Vice President, Finance. Go ahead sir. Thank you.
Josh Rinehults
Good morning and thank you for joining us. Speaking on this morning's call are Kevin Mowbray, President and Chief Executive Officer; and Tim Millage, Vice President, Chief Financial Officer, and Treasurer. Also with us on today's call and available for questions is Nathan Bekke, Vice President of Audience Strategy.
Earlier today, we issued a news release with preliminary results for our third fiscal quarter of 2022. It is available at lee.net as well as at major financial websites. Please also refer to our earnings presentation found at investors.lee.net that includes supplemental information.
As a reminder this morning's discussion will include forward-looking statements based on our current expectations. These statements are subject to certain risks, trends, and uncertainties that could cause actual results to differ materially. Such factors are described in this morning's news release and also in our SEC filings.
During the call we refer to certain non-GAAP financial measures including adjusted EBITDA and cash costs which are defined in our news release. Reconciliations to the relevant GAAP measures are included in tables accompanying the release.
And now to open the discussion is our President and Chief Executive Officer, Kevin Mowbray. Kevin will open the conversation on Slide three of the earnings presentation for those following along.
Kevin Mowbray
Thank you Josh. Good morning everyone and I'm pleased you could join us. I'm really encouraged at the pace by which we're transforming Lee into a vibrant and digitally-centric company. Our third quarter results clearly demonstrate we have the right strategy, the right team, and we're moving with velocity towards Lee's digital transformation.
With our third quarter results, we have exceeded many of our digital revenue metrics a whole quarter early and we are on track to achieve our full year adjusted EBITDA guidance of $95 million to $98 million.