Operator
Welcome to the Lee Enterprises 2026 First Quarter Webcast and Conference Call. The call is being recorded and will be available for replay at investors.lee.net. [Operator Instructions] A link to the live webcast can be found at investors.lee.net.
I would now like to turn the call over to your host, Jared Marks, Vice President, Finance. Please go ahead.
Jared Marks
Vice President of Corporate Finance; Assistant Secretary and Assistant Treasurer
Thank you, and good morning, everyone. We appreciate you joining us today. With me on this morning’s call are Nathan Bekke, President and Interim Chief Executive Officer; and Josh Rinehults, Vice President, Interim Chief Financial Officer and Treasurer.
Earlier today, we issued a news release announcing preliminary results for our first fiscal quarter of 2026. The release and the accompanying presentation are available at investors.lee.net.
As a reminder, this morning’s discussion will include forward-looking statements based on current expectations. These statements are subject to certain risks, trends and uncertainties that could cause actual results to differ. Such factors are described in this morning’s news release and in our SEC filings.
During the call, we refer to certain non-GAAP financial measures. Reconciliations to the most directly comparable GAAP measures are included in the tables accompanying the release.
With that, I’ll turn the call over to Nathan Bekke.
Nathan Bekke
Interim CEO & COO
Thank you, Jared. Good morning, everyone, and thank you for joining us. Lee Enterprises delivered a strong start to fiscal 2026, highlighted by significant first quarter adjusted EBITDA growth and a transformational improvement to our capital structure. Adjusted EBITDA grew 61% year-over-year
