McGraw Hill Reports First Quarter Fiscal 2025 Financial Results
August 17, 2024
August 17, 2024
NEW YORK, Aug. 17 -- McGraw-Hill Education issued the following news release:
McGraw Hill today reported financial results for the first quarter of fiscal year 2025, which ended June 30, 2024. Total billings increased 22% to $578 million in the quarter versus prior year driven by a robust market opportunity, with strong win rates within K-12 and continued digital growth within Higher Education. Adjusted EBITDA rose to $241 million, up 67% versus prior year due to strong billings flo . . .
McGraw Hill today reported financial results for the first quarter of fiscal year 2025, which ended June 30, 2024. Total billings increased 22% to $578 million in the quarter versus prior year driven by a robust market opportunity, with strong win rates within K-12 and continued digital growth within Higher Education. Adjusted EBITDA rose to $241 million, up 67% versus prior year due to strong billings flo . . .