McGraw Hill Posts Fiscal Q1 Adjusted Earnings, Higher Revenue; Shares Up Pre-Bell
MT Newswires Live
Aug 13
McGraw Hill (MH) reported fiscal Q1 adjusted earnings Thursday of $0.59 per diluted share, compared with a breakeven a year earlier.
Analysts polled by FactSet expected non-GAAP EPS of $0.48.
Revenue for the quarter ended June 30 was $549.9 million, compared with $535.7 million a year earlier.
Analysts expected $532 million.
The company reiterated its fiscal 2027 outlook of $2.12 billion to $2.18 billion in revenue. Analysts expect $2.15 billion.
McGraw Hill shares were up 3.8% in premarket activity.
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