McGraw-Hill reported Q4 earnings and its annual report for 2019, with full-year revenue of $1.571 billion, down from $1.597 billion in 2018. Though the decline moderated this year, it marks the sixth year of falling sales for the company. In 2017, sales had been $1.719 billion. This will be the last time the company’s fiscal year ends December 31. They are revising their fiscal year to end March 31, to “better align with seasonal industry cycles.” After the close of the next quarter, they will issue a revised annual report covering the new fiscal year. They have also changed for […]
