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.
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.
Visualization of income flow from segment revenue to net income