Welcome to our dedicated page for Graham Holdings news (Ticker: GHC), a resource for investors and traders seeking the latest updates and insights on Graham Holdings stock.
Graham Holdings Company reports news about a diversified holding company with businesses in education, television broadcasting, healthcare, manufacturing, automotive dealerships and other operations. Recurring updates include consolidated and division operating results, regular dividend declarations, annual-meeting materials and portfolio actions involving Kaplan businesses.
Kaplan-related announcements cover education programs and partnerships across areas such as financial planning certificates, professional licensure exam preparation and other academic or career-focused services. Company updates also describe how segment performance changes across education, broadcasting, healthcare, manufacturing, automotive and other businesses affect reported revenue, operating income and cash-flow measures.
Graham Holdings Company (NYSE: GHC) has announced a regular quarterly dividend of $1.72 per share, payable on August 8, 2024, to shareholders of record on July 18, 2024.
University of Detroit Mercy (UDM) has partnered with Kaplan to offer free comprehensive test prep courses for graduate-level admissions exams and licensing exams, including the GRE, GMAT, LSAT, MCAT, INBDE, NCLEX-RN exam, and others. This alliance aims to enhance student success in graduate and professional schools, professional licensing exams, and overall employability. The partnership provides students with access to Kaplan's All Access License for free, eliminating costs for test preparation services.
The College for Financial Planning—a Kaplan Company has introduced a Spanish-language version of the Financial Paraplanner Qualified ProfessionalSM (FPQP®) designation program. This program targets Spanish-speaking or bilingual advisors to enhance their understanding of financial terms and concepts in Spanish, enabling better client communication and relationships. Serving the growing Hispanic community, the course supports financial services companies in understanding and meeting Hispanic clients' needs, aspirations, and financial goals.
Graham Holdings Company (NYSE: GHC) reported its financial results for the first quarter of 2024, showing a revenue of $1,152.7 million, up 12% from the same period in 2023. Operating income improved to $35.4 million, and adjusted operating cash flow rose to $82.8 million. The Company had $815.6 million in borrowings outstanding, cash and investments totaling $981.9 million, and reported net income of $124.4 million ($27.72 per share) for Q1 2024.
The Kaplan Educational Foundation will honor Danielle Conley and Harold Elish for their commitment to equity and opportunity at a Gala Event in New York City on May 15th. Ms. Conley and Mr. Elish have demonstrated dedication to increasing opportunities for overlooked and underserved individuals. Danielle Conley is a partner at Latham & Watkins, LLP, with extensive experience in civil rights and diversity initiatives. Harold Elish, a Managing Director at UBS, focuses on providing financial planning and investment services. KEF aims to help community college students earn bachelor's degrees at top schools, with a 92% success rate.
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