ARLINGTON, Va. (AP) — ARLINGTON, Va. (AP) — Graham Holdings Co. (GHC) on Wednesday reported profit of $124.4 million in its first quarter.

The Arlington, Virginia-based company said it had net income of $27.72 per share. Earnings, adjusted for non-recurring gains, came to $11.24 per share.

The education and media company posted revenue of $1.15 billion in the period.

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