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.
News and press releases related to Graham Holdings Company (NYSE: GHC) highlight developments across its diversified operations in educational services, television broadcasting, healthcare services, manufacturing, automotive, retail, media, e‑commerce and digital services, restaurants, and custom framing. As a multi‑segment holding company, Graham Holdings regularly issues updates on business performance, strategic transactions, and activities within its subsidiaries.
Education‑focused news often centers on Kaplan, Inc., which is described as a global education company and a subsidiary of Graham Holdings. Recent releases cover topics such as Kaplan’s recognition on rankings of online learning providers, partnerships with colleges and universities to provide preparation for graduate‑level admissions and professional licensing exams, and initiatives that address specific educational needs, including webinars and programs aimed at professional and academic skills development.
In the media and broadcasting area, news from Graham Media Group—identified as a subsidiary of Graham Holdings—includes leadership appointments and descriptions of its role as a television broadcasting company operating local media brands and digital platforms. These stories illustrate how the Television Broadcasting segment participates in local news, programming, and advertising‑related activities across multiple distribution channels.
Corporate news for Graham Holdings Company also includes announcements of quarterly earnings, Investor Day events, and financing activities. For example, the company has issued press releases and filed 8‑K reports regarding its quarterly financial results, a virtual Investor Day focused on operations and financials, and private offerings of senior unsecured notes along with amendments to its revolving credit facility. Together, these items provide investors and observers with a view of operating trends, capital structure decisions, and segment‑level performance.
This news page aggregates such updates so readers can review Graham Holdings’ recent earnings releases, subsidiary announcements, educational initiatives, broadcasting developments, and financing disclosures in one place. Users interested in GHC news can consult this feed to follow the company’s reported activities across its various business segments.
Graham Holdings Company (NYSE: GHC) has acquired a Toyota dealership and a Chrysler-Dodge-Jeep-Ram dealership in Woodbridge, VA, from the Lustine Automotive Group. The financial terms of the deal were not disclosed. Christopher J. Ourisman will lead the operations at these dealerships with a team of industry professionals. Graham Holdings now owns five automotive dealerships, including locations in Rockville, Tysons Corner, Bethesda, and Manassas, VA, enhancing its market presence in the automotive sector.
The SEAL Future Foundation (SFF) has enhanced its partnership with Kaplan to provide U.S. Navy SEALs with Kaplan Credegree programs, allowing them to earn industry-recognized credentials at no cost. The programs include Certified Financial Planner, Certified Public Accountant, and many more, aimed at boosting job readiness. SFF's senior director emphasized the importance of these credentials for transitioning SEALs, while Kaplan's director expressed excitement in helping more veterans secure professional credentials. This initiative is aimed at preparing veterans for successful civilian careers.
Cleveland State University has become the first public institution in Ohio to offer free graduate exam preparation for its students. In partnership with Kaplan, students can access prep courses for the GRE, GMAT, LSAT, and MCAT, along with professional certifications. This initiative supports CSU's mission to enhance social mobility and reduce barriers to graduate education. A notable 40% increase in freshmen from the Cleveland Metropolitan School District was observed last fall, showcasing CSU's commitment to local communities.
Xavier University of Louisiana has announced a partnership with Kaplan to offer free prep courses for graduate admissions exams like GRE, GMAT, LSAT, and MCAT to all undergraduate students. This initiative aims to enhance student success without any out-of-pocket expenses. Xavier University, recognized for graduating a high number of African American medical professionals, aims to further support students in pursuing advanced degrees and professional certifications. The partnership aligns with Xavier's mission to foster a more equitable society through education.
Kaplan’s new service, Career Core, has been recognized by Fast Company in its 2022 World Changing Ideas Awards for its innovative approach to preparing students for the workforce. This initiative offers students access to industry-specific advisors and comprehensive career development resources. Designed to enhance job readiness, Career Core aims to support diverse student needs and boost operational efficiency for institutions. Kaplan seeks to expand its partnerships to further enhance this service, which generates over $1 billion in economic impact for university partners.
Graham Holdings Company (NYSE: GHC) has declared a quarterly dividend of $1.58 per share. This dividend, which reflects the company's commitment to returning value to its shareholders, will be payable on August 5, 2022, to those recorded on July 19, 2022. This decision underscores GHC's financial stability and ongoing dedication to shareholder returns.
Tutera Senior Living & Health Care and Residential Home Health have established a joint venture in which Residential will manage Tutera's Continua Home Health division.
This partnership aims to enhance home health care services across Eastern Kansas and Western Missouri, marking Residential's entry into these markets. All Continua employees will be retained, and Residential is set to provide improved operational efficiencies and clinical innovations.
This collaboration aims to improve patient outcomes and streamline home health services for both organizations.
Graham Holdings Company (NYSE: GHC) reported a net income of $95.6 million ($19.45 per share) for Q1 2022, down from $112.5 million ($22.44 per share) in Q1 2021. Excluding certain items, net income was $62.7 million ($12.76 per share), a 35% increase from $46.3 million ($9.25 per share) year-over-year. Revenue rose 28% to $914.7 million, driven by growth across several sectors, particularly education and broadcasting. However, the healthcare segment faced challenges due to increased operational costs. The company declared an effective tax rate of 26.9% for both quarters.
The Kaplan Educational Foundation has appointed Nolvia Delgado as its new leader, demonstrating the success of its Kaplan Leadership Program that assists first-generation community college students in transferring to top universities. Delgado, a former Kaplan Scholar, brings extensive experience in program development and community engagement. Under her leadership, the Foundation aims to continue supporting low-income students in achieving their academic and professional goals. Since 2006, over 100 Scholars have been admitted to prestigious institutions, with 87% earning their bachelor’s degrees.
Graham Holdings Company (NYSE: GHC) reported a net income of $352.1 million ($70.45/share) for 2021, up from $300.4 million ($58.13/share) in 2020. Q4 earnings were $84.7 million ($17.10/share), significantly lower than $237.1 million ($47.34/share) in the previous year. Revenue for 2021 increased by 10% to $3.186 billion. The company anticipates ongoing COVID-19 impacts but has implemented cost-reduction measures. Challenges remain, particularly in the education and television broadcasting sectors, while growth occurred in healthcare and automotive divisions.