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.
The forward-looking statements indicate potential for continued growth, but also acknowledge various risks and uncertainties that could impact future financial performance.