John Wiley & Sons, Inc. (WLY) Misses Q1 EPS by 26c

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Wiley Reports First Quarter Fiscal Year 2023 Results

September 7, 2022 7:30 AM EDT

HOBOKEN, N.J.--(BUSINESS WIRE)-- Wiley (NYSE: WLY), one of the worlds largest publishers and a global leader in scientific research and career-connected education, today announced results for the first quarter ended July 31, 2022.

FIRST QUARTER SUMMARY

GAAP Results: Revenue of $488 million (-0% vs. prior year), Operating (loss) of -$17 million (-$58 million vs. prior year), and EPS (loss) of -$0.32 (-$0.56 vs. prior year) Adjusted Results at constant currency: Revenue of $488 million (+4% vs. prior year), Adjusted EBITDA of $64 million (-34% vs.... More