McGraw-Hill’s b-to-b revenue up 2.1% in second quarter

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New York—Revenue for McGraw-Hill Cos.’ b-to-b unit, which includes Aviation Week & Space Technology, BusinessWeek and J.D. Power and Associates, rose 2.1% to $206.7 million in the second quarter based on the strength of, the company reported Wednesday.

Ad pages for BusinessWeek  fell 11.7% in the second quarter, according to the Publishers Information Bureau. The decline was compounded by the shutdown earlier this year of BusinessWeek’s European and Asian editions. continues to show solid growth, producing 14.1% of BusinessWeek’s total ad revenue in the second quarter.

Overall, McGraw-Hill reported diluted earnings per share increased 17.6% to 60 cents for the second quarter. Net income rose 13.3% to $221 million. Revenue increased 4.9% to $1.5 billion.

—Matthew Schwartz

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