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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.
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Kaplan has launched The Kindness Curriculum, a free program for K-12 students, coinciding with World Kindness Day on November 13, 2021. Designed in collaboration with The Kindness Factory, this curriculum aims to promote kindness in educational settings across the U.S. after successful implementation in nearly 3,000 schools in Australia. The curriculum emphasizes twelve core attributes and is aligned with CASEL competencies, hoping to reach over 25,000 schools by 2025.
Graham Holdings Company (NYSE: GHC) reported a net income of $39.6 million ($7.90 per share) for Q3 2021, down from $77.6 million ($15.22 per share) in Q3 2020. Total revenue rose 13% to $809.4 million, driven by gains in education, healthcare, and automotive sectors, although manufacturing and television broadcasting faced declines. Operating income was -$16.6 million, contrasting with $40.2 million a year prior. Impairments and COVID-19 impacts significantly influenced financials, with ongoing uncertainty for the remainder of the year.
Graham Holdings Company (NYSE: GHC) has announced a virtual Investor Day on December 9, 2021, from 1:00 p.m. to 3:00 p.m. ET. The event will feature discussions on the Company's operations and financials, alongside presentations from its management team. Registration is required to attend the live webcast, with access available on the Company’s website. An archived recording will also be accessible post-event. Graham Holdings operates in various sectors including education, media, and healthcare, and owns Kaplan and Graham Media Group.
Keller Williams has partnered with Kaplan to launch the KW School of Real Estate (KSCORE), a fully-digital training program set to begin operations in early 2022. Aimed at increasing diversity in the industry, KSCORE will provide diverse educational formats and state-approved prelicensing courses for aspiring real estate agents. The initiative targets the underrepresentation of Black, Hispanic, and Asian agents compared to their demographics in the general population. The program is expected to add over 15,000 new agents annually.
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On October 13, 2021, Graham Media Group, a subsidiary of Graham Holdings Company (NYSE: GHC), appointed Terri Cope-Walton as Vice President and General Manager of WJXT and WCWJ in Jacksonville, Florida. She replaces Bob Ellis, who moved to WDIV in Detroit. Cope-Walton, with extensive experience as News Director at WRTV, is committed to localism and aims to strengthen community ties. Emily Barr, CEO of Graham Media Group, expressed enthusiasm about Cope-Walton's community involvement and leadership skills. She officially starts on November 15, 2021.
Kaplan has launched Career Core™, a career-services initiative in collaboration with multiple universities, aimed at enhancing job readiness among students. This program provides access to industry-specific advisors, rigorous career curricula, and opportunities for obtaining recognized credentials. With backing from notable universities, Career Core addresses the challenges of work readiness amid budget cuts in higher education. Kaplan generates over $1 billion in economic impact for partners globally, reflecting its commitment to enhancing educational services.
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Kaplan announces a partnership with the Digital Marketing Institute (DMI) to offer an industry-leading digital marketing certification program. The Digital Marketing PRO course will be part of the Kaplan Credegree™ Program, allowing students to earn recognized credentials while completing their degrees. Graduates will receive two certifications: DMI Certified Digital Marketing Professional and AMA Professional Certified Marketer. This initiative aims to address the digital skills gap and enhance job readiness, providing professionals with essential marketing skills.