earnings
confidence high
sentiment positive
materiality 0.75
Graham Holdings Q1 adj net income rises 35% to $62.7M; revenue up 28% to $914.7M
Graham Holdings Co
2022-Q1 EPS reported
$19.45
revenue$914,721,000
- GAAP net income $95.6M ($19.45 EPS) vs $112.5M ($22.44); adjusted net income $62.7M ($12.76) vs $46.3M ($9.25).
- Revenue $914.7M, up 28% YoY from $712.5M; operating income $40.0M vs $33.8M.
- Education revenue $358M (+9%), TV broadcasting rev $123.4M (+9%), healthcare rev +34% with operating income decline on higher costs.
- Net gains on marketable equity securities $46.9M vs $79.2M in Q1 2021.
- New $300M revolver extended to May 2027; borrowings $627.9M at 4.6%, cash & investments $975.7M.