Loading...
•
Jun 30, 2023
Graham Holdings Q2 2023 Earnings Report
Reported a rise in revenue and net income compared to the same quarter last year.
Key Takeaways
Graham Holdings Company reported a net income attributable to common shares of $122.8 million, or $25.89 per share, for the second quarter of 2023, compared to a net loss of $67.5 million, or $13.95 per share, for the second quarter of 2022. Revenue for the second quarter of 2023 was $1,105.0 million, up 18% from $933.3 million in the second quarter of 2022.
Net income attributable to common shares was $122.8 million ($25.89 per share) for the second quarter of 2023, compared to a net loss of $67.5 million ($13.95 per share) for the second quarter of 2022.
Excluding certain items, net income attributable to common shares was $61.6 million ($12.97 per share) for the second quarter of 2023, compared to $59.7 million ($12.07 per share) for the second quarter of 2022.
Revenue for the second quarter of 2023 was $1,105.0 million, up 18% from $933.3 million in the second quarter of 2022.
Operating income was $58.1 million for the second quarter of 2023, compared to $39.3 million for the second quarter of 2022.
Revenue by Segment
Forward Guidance
All public statements made by the Company and its representatives that are not statements of historical fact, including certain statements in this press release, in the Company’s Annual Report on Form 10-K and in the Company’s 2022 Annual Report to Stockholders, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...