Company says its broadcasting group reported revenue of $26 million with declines in national and local-time sales offsetting increases in political advertising.
The McGraw-Hill Companies today reported diluted earnings per share increased by 6% to $1.06 in the third quarter of 2006 compared to the same period last year. The 2006 diluted earnings per share for the third quarter include charges of $0.06: $0.03 for incremental stock-based compensation and $0.03 for restructuring business operations.
The Broadcasting Group reported revenue of $26 million as declines in national and local-time sales offset increases in political advertising.
To read the company’s press release, click here.