Lee Enterprises (NYSE: LEE), the publisher of the St. Louis Post-Dispatch, reported that 1Q net income came in at $11.9 million, or 26 cents per share, compared with $14.4 million, or 32 cents a share a year ago, a 2.5 percent drop. Meanwhile, total operating revenue for the quarter fell 1.7 percent to $261.7 million, while total ad revenue fell 2.2 percent. Additionally, the company said:

—Online revenue was $12.5 million, up 4.4 53.9 percent from $8.1 million a year ago.
—Total revenue for 1Q from continuing operations fell 1.7 percent from a year ago to $261.7 million.
—Total ad revenue decreased 2.2 percent, with online advertising up 53.9 percent and national down 8.3 percent.
—Combined print and online retail advertising decreased 1.5 percent, and classified advertising decreased 2.0 percent.
—Looking over its partnership with Yahoo HotJobs over the past two months, Lee reported it has received 30,000 postings from customers.
—Lee said that its newspapers’ websites attracted more than 11 million visits monthly. Earnings release