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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.
Projects In Knowledge (PIK), powered by Kaplan, launched videos highlighting the inspiring journeys of two individuals with ALS, showcasing their determination to live fulfilling lives. Andrea Peet, who has completed marathons in all 50 states, and David Lloyd Jr., who adapted his passion for racing to raise nearly $1 million for ALS research, share their stories to inspire others. PIK aims to educate medical professionals through these testimonials. Recently, PIK received Best-In-Class recognition from Bristol Myers Squibb for its innovative educational programs in lung cancer and psoriasis.
The College for Financial Planning has launched a new Financial Advising Accelerator certificate program aimed at helping individuals start their careers in financial advising. The online course, which takes approximately eight to 10 weeks to complete at 10 hours per week, focuses on practical skills like business planning and client communication. A recent survey indicated that many new entrants to the industry lack essential skills, prompting the need for this program. Tuition is set at $395, with discounts available when bundled with other programs.
The Kaplan Educational Foundation (KEF) Executive Director Nolvia Delgado has been named to Crain's New York Business '40 Under 40' list for her efforts in promoting educational opportunities for underserved communities. KEF's Kaplan Leadership Program boasts an impressive 89% graduation rate for its participants, many of whom attend top U.S. colleges. Delgado, a KEF alumna, aims to empower community college students with the skills needed for future success. This recognition highlights KEF's commitment to increasing access to higher education.
Kaplan Schweser has announced the launch of a Free CFA Diagnostic Exam to assist candidates preparing for the CFA August 2023 Exams. This tool will help CFA Level I candidates assess their knowledge of key curriculum topics before exam registration. The diagnostic exam mirrors the actual CFA exam format and delivers a score readout by topic. Registration for the exam opens November 14, 2022, with a 25% discount on fees through February 1, 2023. Kaplan Schweser has a proven track record, with over 500,000 candidates successfully prepared for their CFA exams in the past decade.
Kaplan North America's CEO, Gregory Marino, has been recognized in the Florida 500 list by Florida Trend Magazine for four consecutive years, highlighting influential business leaders in various sectors. Marino, part of the education sector, praised his team's achievements and emphasized Kaplan's commitment to student success. Under his leadership, Kaplan has become a leader in education services, managing around 5,000 employees. This recognition adds to Kaplan's accolades, including being named among the Top 100 Most Loved Workplaces by Newsweek and South Florida’s Top Workplaces by the Sun Sentinel.
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.
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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.
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