secwatch.observer — SEC 8-K summary
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Issuer:     Graham Holdings Co (GHC)
CIK:        0000104889
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0000104889-24-000042
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graham Holdings Q2 net loss of $21M on impairment charges; revenue up 7%
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- Revenue $1,185.3M (+7% YoY); operating income $25.9M vs $58.1M due to WGB impairment.
- Net loss attributable to common shares $21.0M ($4.79/share) vs income $122.8M ($25.89) in Q2 2023.
- Adjusted net income $56.9M ($12.70/share) vs $61.1M ($12.88) YoY.
- Adjusted operating cash flow $98.5M vs $100.0M; repurchased 40,180 shares for $29.5M.
- Debt $834.8M at avg rate 6.4%; cash & investments $1,009.6M; significant interest expense on redeemable noncontrolling interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104889/000010488924000042/0000104889-24-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104889/000010488924000042/ghc-20240731.htm
  HTML page:      https://secwatch.observer/filing/0000104889-24-000042

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