Tuesday, July 30, 2013

McGraw-Hill Financial Reports Q2 Results

http://investor.mhfi.com/phoenix.zhtml?c=96562&p=irol-newsArticle&id=1841001
McGraw Hill Financial, Inc. (NYSE: MHFI) today reported second quarter 2013 results with revenue of $1.25 billion, an increase of 17% compared to the same period last year. Net income and diluted earnings per share from continuing operations were $250 million and $0.90, respectively.
Excluding the impact of one-time costs related to the Growth and Value Plan, adjusted net income from continuing operations increased 28% to $257 million, and adjusted diluted earnings per share from continuing operations increased 31% to $0.92.