McGraw Hill Q1 FY2027 Net Income Soars to $57.9M, Beating Expectations
MH sits 35% above its 52-week low of $8.945.
Summary
McGraw Hill reported Q1 FY2027 net income of $57.9 million, up from $0.5 million a year ago, with revenue up 2.6% to $549.9 million. Adjusted EBITDA reached $207.0 million with a 37.7% margin, up 192 basis points. Re-occurring revenue grew 9.8% to $425.6 million, now 77% of total revenue, and digital revenue rose 8.8% to $353.5 million. RPO of $1,522.2 million provides visibility into future revenue. The company also noted a Moody's credit rating upgrade in July 2026. This follows the FY2026 turnaround reported in June and the S-3 shelf registration for Platinum Equity's 165.2 million share resale. The strong margin expansion and revenue mix shift toward recurring and digital revenue support the company's guidance for accelerating growth in FY2027.
At the time of this announcement, MH was trading at $12.09 on NYSE in the Trade & Services sector, with a market capitalization of approximately $2.2B. The 52-week trading range was $8.95 to $18.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.