secwatch.observer — SEC 8-K summary
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Issuer:     Graham Holdings Co (GHC)
CIK:        0000104889
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0000104889-22-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graham Holdings Q1 adj net income rises 35% to $62.7M; revenue up 28% to $914.7M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104889/000010488922000015/0000104889-22-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104889/000010488922000015/ghc-20220504.htm
  HTML page:      https://secwatch.observer/filing/0000104889-22-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer