secwatch.observer — SEC 8-K summary
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Issuer:     Graham Holdings Co (GHC)
CIK:        0000104889
Form:       8-K
Filed at:   2023-02-24T23:59:59+00:00
Accession:  0000104889-23-000019
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graham Holdings Q4 net income $6.2M; adjusted EPS $18.80; $129M Leaf impairment
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- Full-year 2022 net income $67.1M ($13.79 per share) vs $352.1M ($70.45) in 2021; adjusted net income $287.2M ($59.03) vs $162.6M ($32.53).
- Q4 2022 net income $6.2M ($1.28 per share) vs $84.7M ($17.10); adjusted Q4 net income $90.5M ($18.80) vs $41.8M ($8.44).
- Revenue for 2022 $3,924.5M, up 23% from $3,186.0M; Q4 revenue $1,064.0M, up 23% from $862.9M.
- Recorded $129M goodwill and intangible impairment at Leaf in Q4; Leaf revenue declined substantially in H2 2022.
- Education operating income up 64% to $82.9M; TV broadcasting operating income up 35% to $201.9M; Healthcare revenue up 46% but operating income down.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104889/000010488923000019/0000104889-23-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104889/000010488923000019/ghc-20230224.htm
  HTML page:      https://secwatch.observer/filing/0000104889-23-000019

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