McGraw Hill achieves $1.2 billion in first-half revenue and reaffirms FY2027 guidance
MH McGraw Hill Inc
$11.60 +5.07%
View chart & analysis → - 1McGraw Hill achieved total revenue of $1.2 billion in the first half.
- 2Recurring revenue accounted for 71% of McGraw Hill's total revenue in the first half.
- 3Management reaffirmed the FY2027 McGraw Hill revenue guidance of $2.115 billion to $2.175 billion.
So what's the key point?
McGraw Hill generated $1.2 billion in revenue during the first half. Since 71% of that revenue is recurring, the company is maintaining its previous targets.
Source The Motley Fool +1 · View original ↗
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