secwatch.observer — SEC 8-K summary
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Issuer:     Graham Holdings Co (GHC)
CIK:        0000104889
Form:       8-K
Filed at:   2021-08-04T23:59:59+00:00
Accession:  0000104889-21-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graham Holdings Q2 net income $115.4M ($22.99/sh); revenue up 23% to $801.2M
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- Net income attributable to common shares $115.4M ($22.99 per share) vs. $18.9M ($3.60 per share) year ago.
- Revenue $801.2M, up 23% YoY; operating income $37.6M vs. $5.9M.
- Closed Leaf Group acquisition on June 14 for ~$322M cash ($8.50/share), adding Well+Good, Livestrong.com.
- Education (Kaplan) revenue $340.0M (+2%); op income $13.1M. TV broadcasting revenue $120.0M (+19%); op income $35.6M.
- COVID-19 continues to hit Kaplan Languages; wood prices at Hoover expected to cause significant Q3 inventory losses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104889/000010488921000039/0000104889-21-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104889/000010488921000039/ghc-20210804.htm
  HTML page:      https://secwatch.observer/filing/0000104889-21-000039

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