John Wiley & Sons, Inc. (WLYB) Misses Q3 EPS by 6c, Offers Guidance

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Go back to John Wiley & Sons, Inc. (WLYB) Misses Q3 EPS by 6c, Offers Guidance

Wiley Reports Third Quarter Fiscal Year 2023 Results

March 9, 2023 8:01 AM EST

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 third quarter ended January 31, 2023.

GAAP Results: Revenue of $491 million (-5% vs. prior year), Operating loss of $67 million (-$113M vs. prior year), and EPS loss of $1.29 (-$1.92 vs. prior year). Losses primarily due to non-cash goodwill impairment in Education Services/University Services and restructuring charges Adjusted Results at constant currency: Revenue of $491 million... More