August 16, 2019 | Volume 50, Number 17

After Q2 Billings Record, HMH Looks for More

Education segment revenue at Houghton Mifflin Harcourt (Boston) increased 8.9% to $349.8 million in the second quarter and was up 4% to $503.6 million in the first half of the year, ...

Cengage Looks Past Fiscal Q1 Revenue Decline

Adjusted revenue for the Learning segment at Cengage (Boston) fell 1.9% to $177.7 million in the company’s fiscal first quarter, ended June 30. Cengage defines adjusted revenue as ...

McGraw-Hill Education Revenue Rises 0.2% in Q2 and H1

McGraw-Hill Education (New York) revenue increased 0.2% to $385 million in the second quarter and $663.9 million in the first six months of 2019, powered by growth in its K-12 and ...

Laster to Leave MHE

Stephen Laster, McGraw-Hill Education’s chief digital officer, is resigning from the company, effective Sept. 15.Laster joined MHE in September 2012 in what then was the newly ...

HMH Names Mike Evans Chief Revenue Officer

At the end of June when Houghton Mifflin Harcourt (Boston) and Rose Else-Mitchell, executive vice president and chief learning officer, were parting ways in a carefully orchestrated ...

School Specialty Lowers Projections after Revenue Slide

School Specialty (Greenville, WI) has lowered projections for 2019 as it works to reduce costs, increase profit, and focus on high margin sales. An improved market and improving ...

News Briefs, August 16, 2019

The Missouri Department of Elementary and Secondary Education in August selected Pearson’s (London/New York) Shaywitz DyslexiaScreen to provide digital dyslexia screenings to K-3 ...

Another Group of Authors Sue Cengage

A group of college textbook authors whose work is published by Cengage (Boston) in August brought a class action lawsuit in U.S District Court Southern District of New York alleging ...

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