The McGraw-Hill Companies Management Discusses Q2 2012 Results - Earnings Call Transcript

The McGraw-Hill Companies (MHP)

Q2 2012 Earnings Call

July 26, 2012 8:30 am ET

Executives

Robert S. Merritt - Vice President of Investor Relations

Harold Whittlesey McGraw - Chairman, Chief Executive Officer, President and Chairman of Executive Committee

John F. Callahan - Chief Financial Officer and Executive Vice President

Analysts

William G. Bird - Lazard Capital Markets LLC, Research Division

Peter P. Appert - Piper Jaffray Companies, Research Division

Craig Huber

Douglas M. Arthur - Evercore Partners Inc., Research Division

David Reynolds - Jefferies & Company, Inc., Research Division

Presentation

Operator

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Good morning, and welcome to The McGraw-Hill Companies' Conference Call. I'd like to inform you that this call is being recorded for broadcast [Operator Instructions] To access the webcast and slides, go to www.mcgraw-hill.com and click on the link for the second quarter earnings webcast. [Operator Instructions] .

I would now like to introduce Mr. Chip Merritt, Vice President of Investor Relations for The McGraw-Hill Companies. Sir, you may begin.

Robert S. Merritt

Good morning. We thank you for joining us this morning at The McGraw-Hill Companies' Second Quarter 2012 Earnings Call. I'm Chip Merritt, Vice President of Investor Relations.

This morning, we issued a news release with our results. We trust you've all had a chance to review the release. If you need a copy of the release and financial schedules, they can be downloaded at www.mcgraw-hill.com. Once again, that's www.mcgraw-hill.com.

In today's earnings release and during the conference call, we're providing adjusted financial information. This information is provided to enable investors to make meaningful comparisons of the corporation's operating performance between periods and to view the corporation's business from the same perspective as management's.

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