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Dec 31, 2024
Graham Holdings Q4 2024 Earnings Report
Graham Holdings Company reported its financial results for the fourth quarter and full year of 2024, with significant increases in revenue and net income.
Key Takeaways
Graham Holdings Company reported a 7% increase in fourth-quarter revenue to $1,245.8 million and a substantial rise in net income attributable to common shares to $548.8 million, up from $53.3 million in the prior year. This growth was primarily driven by strong performance in education, television broadcasting, and healthcare segments.
Fourth-quarter 2024 revenue increased 7% to $1,245.8 million, up from $1,166.8 million in 2023.
Net income attributable to common shares for Q4 2024 was $548.8 million ($125.55 per share), significantly higher than $53.3 million ($11.72 per share) in Q4 2023.
Operating income for the fourth quarter of 2024 increased 78% to $72.5 million, compared to $40.8 million in 2023.
Adjusted operating cash flow for Q4 2024 increased 68% to $139.6 million, up from $83.0 million in 2023.
Revenue by Segment
Forward Guidance
The forward-looking statements indicate potential for continued growth, but also acknowledge various risks and uncertainties that could impact future financial performance.
Positive Outlook
- Expectations related to acquisitions or dispositions and related business activities.
- Company's business strategies and objectives are designed for growth.
- Prospects for growth in the Company's various business operations.
- Future financial performance is anticipated to be positive.
- Management's forecasts and assumptions support a positive outlook.
Challenges Ahead
- Risks and uncertainties described in Item 1A of the Company's Annual Report on Form 10-K.
- Factors that could cause actual results to differ from stated expectations.
- No obligation to update forward-looking statements if new information becomes available.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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