secwatch.observer — SEC 8-K summary
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Issuer:     Graham Holdings Co (GHC)
CIK:        0000104889
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0000104889-25-000033
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graham Holdings Q1 net income $23.9M ($5.45/share) down 81% YoY; adjusted EPS $11.64 vs $11.24
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- Revenue $1.1659B (+1% YoY); operating income $47.5M vs $35.4M.
- GAAP net income fell to $23.9M from $124.4M, mainly due to lower securities gains ($43.8M vs $104.2M) and a $66.4M noncontrolling interest adjustment.
- Adjusted net income $51M ($11.64/share) vs $50.4M ($11.24/share) — relatively flat.
- Agreed to settle $205M of mandatorily redeemable noncontrolling interest at CSI Pharmacy: $186.25M cash plus $18.75M stock.
- Debt $864.6M at 6.0% avg rate; cash & investments $1,114.7M; repurchased 3,978 shares for $3.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104889/000010488925000033/0000104889-25-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104889/000010488925000033/ghc-20250430.htm
  HTML page:      https://secwatch.observer/filing/0000104889-25-000033

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