Wiley Reports Third Quarter Fiscal 2021 Results

John Wiley & Sons, Inc. (NYSE:JWA)(NYSE:JWB), a global leader in research and education, today announced results for the third quarter ended January 31, 2021.

THIRD QUARTER SUMMARY

• GAAP Results: Revenue of $483 million (+3%) and EPS of $0.39 (-$0.24) due to restructuring charges of $0.28 primarily related to real estate capacity reduction
• Adjusted Results at constant currency (cc): Revenue +2%, EBITDA +7%, and EPS +6%
• Full Year Outlook raised for Revenue, Adjusted EBITDA, Adjusted EPS and Free Cash Flow

MANAGEMENT COMMENTARY

“Wiley’s strategic focus and solid execution in open research and online education continue to yield strong results,” said Brian Napack, President and CEO. “During the quarter, we accelerated our Research growth strategy with the acquisition of Hindawi, a rapidly-growing leader in open access publishing, and we strengthened the Wiley network with new university and corporate partners for online degree and talent development services.”

THIRD QUARTER PERFORMANCE
GAAP Measures Unaudited ($millions except for EPS)		Q3 2021		Q3 2020		Change
Revenue		$482.9		$467.1		3%
Diluted EPS		$0.39		$0.63		(38%)
Non-GAAP Measures		Q3 2021		Q3 2020		Change Constant Currency
Revenue		$482.9		$467.1		2%
Adjusted EBITDA		:JWA JWA Rankings N/A Ranked by Market Cap N/A Ranked by Dividends JWA Latest News Jun 23, 2021 Wiley Increases Quarterly Dividend for 28th Consecutive Year Jun 10, 2021 Wiley Reports Fourth Quarter and Fiscal Year 2021 Results Jun 3, 2021 Wiley Schedules Fourth Quarter and Fiscal Year 2021 Earnings Release and Conference Call Mar 25, 2021 Wiley Announces Quarterly Dividend Feb 25, 2021 Wiley Schedules Third Quarter 2021 Earnings Release and Conference Call JWA Stock Data Explore About Rhea-AI Sitemap Legal Terms of Use Cookie Notice Privacy Policy Links RSS feed Patreon Discord Server Facebook Reddit © 2020-2024 StockTitan.net