Graham Holdings Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 1,111.52 million compared to USD 1,012.44 million a year ago. Net loss was USD 23.03 million compared to net income of USD 32.78 million a year ago. Basic loss per share from continuing operations was USD 5.02 compared to basic earnings per share from continuing operations of USD 6.78 a year ago. Diluted loss per share from continuing operations was USD 5.02 compared to diluted earnings per share from continuing operations of USD 6.76 a year ago.
For the nine months, revenue was USD 3,248.06 million compared to USD 2,860.46 million a year ago. Net income was USD 152.03 million compared to USD 60.92 million a year ago. Basic earnings per share from continuing operations was USD 32.23 compared to USD 12.51 a year ago. Diluted earnings per share from continuing operations was USD 32.14 compared to USD 12.48 a year ago.