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Wiley (WLY) is a global leader in academic publishing and research solutions, serving professionals, institutions, and lifelong learners since 1807. This dedicated news hub provides investors and industry stakeholders with timely updates on corporate developments shaping knowledge dissemination worldwide.
Access verified information about Wiley's strategic initiatives, including financial results, research partnerships, and digital innovation in scholarly communication. Our curated collection features official press releases and market analyses covering educational content trends, professional development resources, and Wiley's evolving role in global research ecosystems.
Key updates include earnings announcements, leadership changes, product launches in digital learning platforms, and collaborations with academic institutions. This resource enables efficient tracking of Wiley's market position within competitive publishing sectors while maintaining strict editorial neutrality.
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Wiley (NYSE: WLY) has launched 'Wiley Partner Solutions' ahead of the Frankfurt Book Fair, aimed at aiding organizations in adapting to the open research environment. The new division will provide digital platforms and publishing solutions to support scholarly publishing. Led by Dr. Guido F. Herrmann, Wiley Partner Solutions will enhance the publishing process from manuscript submission to publication. Current partners include AAAS and IEEE. Recent initiatives highlight Wiley's commitment to innovation and collaboration in making research more accessible.
Wiley (NYSE: WLY and WLYB) has declared a quarterly cash dividend of $0.3475 per share on its Class A and B Common Stock. This dividend is payable on October 26, 2022, to shareholders of record as of October 11, 2022. The annual dividend now totals $1.39 per share, marking an increase from $1.38 in Fiscal 2022. This increase represents Wiley's 29th consecutive year of raising its quarterly dividend.
Wiley (NYSE: WLY) reported first-quarter results for the period ending July 31, 2022. Revenue totaled $488 million, unchanged from the previous year, with an operating loss of $17 million compared to a profit of $41 million last year. GAAP EPS was a loss of $0.32, down from a profit of $0.24.
Adjusted EBITDA decreased by 34% to $64 million, and Adjusted EPS fell 60% to $0.36, primarily due to elevated costs and market challenges. Despite these results, Wiley maintained its full-year guidance for revenue and earnings, citing strong momentum in key business areas.
Wiley (NYSE: WLY), a leader in scientific research and education, has been designated with a ‘Wide Moat’ and ‘Exemplary Stewardship’ ratings by Morningstar. The company's management, including President Brian Napack and CFO Christina Van Tassell, will participate in the virtual Morningstar Management Behind the Moat conference on September 7 at 2:00 PM ET. A replay of the webcast will be available on Wiley's Investor Relations website. This recognition underscores Wiley's long-standing impact on the knowledge ecosystem for over 200 years.
Wiley (NYSE: WLY) will announce its first quarter 2023 results on September 7, 2022, before the market opens. A conference call will follow at 10 am ET to discuss the results. The event will be accessible via a live audio webcast and presentation slides available on Wiley's Investor Relations website. The company has been a leader in research and education for over 200 years, offering high-impact content and services to support researchers and educators worldwide.
Wiley (NYSE: WLY, WLYB) has announced the appointment of Dr. Brian O’Harold Hemphill as a new member of its Board of Directors. Hemphill, who currently serves as President of Old Dominion University, brings nearly 30 years of higher education experience, focusing on access, innovation, and research. His leadership background includes notable roles at various institutions where he drove growth and diversity initiatives. Wiley's President and CEO, Brian Napack, expressed confidence that Hemphill's expertise will enhance Wiley's mission of unlocking human potential.
Wiley (NYSE: WLY, WLYB) declared a quarterly cash dividend of $0.3475 per share, payable on July 20, 2022, to shareholders of record on July 6, 2022. This marks an annual dividend increase to $1.39 per share, the 29th consecutive annual increase. In Fiscal 2022, Wiley achieved over $2 billion in revenue and delivered $223 million in free cash flow, distributing approximately $77 million for dividends and $30 million for share repurchases.
Wiley (WLY) reported its fourth quarter and fiscal year results for 2022, revealing revenue of $546 million (up 2%), operating income of $58 million (up 14%), and EPS of $0.76 (up 4%). Full-year revenue reached $2,083 million (up 7%), with operating income at $219 million (up 18%) and EPS slightly declining to $2.62 (down 0.4%). The company expects mid-single digit revenue growth for Fiscal 2023 but anticipates challenges from wage inflation and higher expenses impacting adjusted EPS.
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