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ARLINGTON, Va. (AP) _ Graham Holdings Co. (GHC) on Wednesday reported fourth-quarter net income of $237.1 million.
On a per-share basis, the Arlington, Virginia-based company said it had profit of $47.34. Earnings, adjusted for non-recurring gains, came to $11.38 per share.
The education and media company posted revenue of $787 million in the period.
For the year, the company reported profit of $300.4 million, or $58.13 per share. Revenue was reported as $2.89 billion.
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Graham Holdings shares have risen 16% since the beginning of the year, while the Standard & Poor’s 500 index has climbed slightly more than 3%.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GHC at https://www.zacks.com/ap/GHC
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