secwatch.observer — SEC 8-K summary
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Issuer:     Graham Holdings Co (GHC)
CIK:        0000104889
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0000104889-21-000045
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graham Holdings Q3 net income falls 49% to $39.6M; revenue up 13% to $809.4M
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- Net income $39.6M ($7.90/share) in Q3 2021, down 49% from $77.6M ($15.22) in Q3 2020.
- Revenue $809.4M, +13% YoY, with growth at education, healthcare, automotive offset by declines in TV and manufacturing.
- Operating loss of $16.6M vs operating income of $40.2M a year ago, reflecting $26.8M in impairment charges.
- Education revenue $336M (+11%); Kaplan operating income $9.9M vs $3.3M; TV revenue -5% to $126.5M.
- Manufacturing revenue -6%; $26.7M goodwill impairment at Dekko due to demand weakness and cost pressures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104889/000010488921000045/0000104889-21-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104889/000010488921000045/ghc-20211103.htm
  HTML page:      https://secwatch.observer/filing/0000104889-21-000045

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