Graham Holdings reports Q4 adjusted EPS $18.80 vs. $8.44 last year

Reports Q4 revenue $1.06B vs. $862.93M last year. The company said, "For the fourth quarter of 2022, revenue was $1,064.0 million, up 23% from $862.9 million in 2021. Revenues increased at all the Company’s divisions, except at other businesses. The Company reported an operating loss of $54.9 million in the fourth quarter of 2022, compared to operating income of $22.5 million in 2021. The decrease in operating results is due to the Leaf impairment charges and a decline at healthcare, partially offset by improved results at education, television broadcasting, manufacturing and automotive."