secwatch.observer — SEC 8-K summary
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Issuer:     Graham Holdings Co (GHC)
CIK:        0000104889
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0000104889-22-000046
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graham Holdings Q3 adj. EPS $15.65 vs $5.87 YoY; revenue up 25% to $1.01B
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- GAAP net income $32.8M ($6.76/sh) vs $39.6M ($7.90/sh) in Q3 2021; adjusted net income $75.9M ($15.65/sh) vs $29.5M ($5.87/sh).
- Revenue $1,012.4M, +25% YoY, with growth at education, TV broadcasting, manufacturing, healthcare, and automotive.
- Education (Kaplan) operating income $18.6M, up 88% YoY; Kaplan International revenue +15% (26% constant currency).
- TV broadcasting political ad revenue +$19.4M drove 29% operating income increase to $52.3M.
- Manufacturing results improved significantly due to $26.7M goodwill impairment in prior year and Hoover results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104889/000010488922000046/0000104889-22-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104889/000010488922000046/ghc-20221102.htm
  HTML page:      https://secwatch.observer/filing/0000104889-22-000046

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