On the heels of its cancelled merger with Cengage, McGraw-Hill today issued a limited “preliminary Q4 and full-year report”– or otherwise put, announced that it is delaying full financial reporting for the quarter until mid-June, and changing their fiscal year. The company already reported a fourth quarter, ending December 31, back in early March — but the new report reflects a shift to a fiscal year ending March 31, which they say will better align with seasonal industry cycles. The preliminary report, which lacks full financials, touts their digital growth and provides minor updates on how COVID-19 has affected the […]
