John Wiley & Sons (JW-A) Tops Q2 EPS by 21c

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Wiley Reports Second Quarter Fiscal 2020 Results

December 4, 2019 8:00 AM EST

HOBOKEN, N.J.--(BUSINESS WIRE)-- John Wiley & Sons, Inc. (NYSE: JWA and JWB), a global research and education company, today announced results for the second quarter ended October 31, 2019.

Highlights

GAAP Results: Revenue of $466 million (+4%) and EPS of $0.79 (+4%) Adjusted Results (at constant currency): Revenue +5%, EBITDA +3%, and EPS -1% Strong growth in Research and Education Services segments Academic & Professional Learning decline reflecting market pressures in book publishing Efficiency improvements and cost savings through business optimization

We continue to make good progress on our strategic initiatives, building upon our... More