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Graham Holdings (GHC) delivers essential updates through this dedicated news hub, providing investors and professionals with timely access to corporate developments across its diversified operations in education, media, and healthcare. Track official announcements, strategic initiatives, and operational milestones from this NYSE-led company.
This resource consolidates earnings reports, acquisition updates, and leadership changes alongside innovations from Kaplan’s education services and broadcasting division developments. Users gain a structured view of GHC’s multi-industry activities through verified press releases and curated financial updates.
Discover updates spanning educational program expansions, media partnerships, and healthcare service enhancements alongside manufacturing sector progress. Each announcement is presented with contextual relevance to GHC’s broader corporate strategy, enabling informed analysis of market position and growth trajectories.
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Graham Holdings Company (GHC) reported a net income of $32.8 million ($6.76 per share) for Q3 2022, down from $39.6 million ($7.90 per share) in Q3 2021. Excluding several items, adjusted net income rose to $75.9 million ($15.65 per share) compared to $29.5 million ($5.87 per share) a year earlier. Revenue increased 25% to $1,012.4 million, driven by growth across multiple sectors. Operating income improved to $59.5 million from an operating loss of $16.6 million in the previous year. However, net losses on marketable equity securities impacted results significantly.
Graham Holdings Company (NYSE: GHC) will conduct a virtual Investor Day on December 13, 2022, from 1:00 p.m. to 2:30 p.m. Eastern Time. The session will feature presentations about the company's operations and financials, complemented by audio and slides. Registration is mandatory via www.ghco.com. Those unable to attend live can access a recording shortly after the event concludes. Graham Holdings is a diversified holding company involved in various sectors, including education, media, healthcare, and manufacturing.
On October 26, 2022, CyberWire and CyberVista announced their merger to establish N2K Networks, a pioneering "news to knowledge" platform in cybersecurity. The merger aims to enhance workforce resilience and expand into new markets. N2K Networks secured $5.4 million in Series A funding led by Graham Holdings Company. Peter Kilpe will serve as CEO, while Simone Petrella will be President of both CyberWire and CyberVista. This strategic combination targets the cyber skills gap and aims to provide essential training and resources for industry professionals.
Graham Holdings Company (NYSE: GHC) announced the retirement of Barry Holden, CEO of Hoover Treated Wood Products, effective later this year after 50 years in the role. David Gillrie, previously with Oldcastle APG, will take over as CEO. Timothy J. O’Shaughnessy praised Holden's leadership and contributions, emphasizing the pride in Hoover's legacy. Gillrie is recognized for his extensive experience in the building materials sector and his capability to uphold Hoover's strong leadership.
Kaplan has launched its 2022 $30K Tuition Sweepstakes, aimed at helping college students finance their graduate education. Open until November 17, the contest is available to all enrolled college students in the United States. A random winner will be selected on November 23. This initiative highlights Kaplan's ongoing commitment to support students in achieving their educational goals. The sweepstakes prize can significantly cover tuition for various graduate programs. Kaplan, a subsidiary of Graham Holdings Company (GHC), has awarded tens of thousands of dollars in previous contests.
Graham Holdings Company (NYSE: GHC) has announced a quarterly dividend of