McGraw Hill announced results for the first quarter ended June 30, reporting sales up 3 percent to $550 million, higher than expectations. EBITDA was $198 million, up 7 percent, and adjusted EBITDA grew 8 percent to $207 million. Net income of $57.9 million was a big improvement from less than $1 million a year ago. Shares were up over 11 percent in the first hour of trading on Thursday on the stronger than expected sales and improved earnings. “McGraw Hill’s strong start to fiscal year 2027 reflects the strength of our strategy and the trust that millions of educators and […]
