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John Wiley & Sons, Inc. reports developments across its research publishing, research intelligence, and learning businesses. Company news commonly covers quarterly results, Research and Learning performance, AI and data services initiatives, scientific and medical content licensing, open access and journal portfolio expansion, and technology partnerships supporting customer platforms.
Wiley updates also include book publishing announcements, quarterly dividends, share repurchase activity, and leadership changes tied to its Research organization. Its disclosures frequently reference authoritative content, peer-reviewed journals, courseware, assessments, and platforms serving researchers, students, instructors, professionals, institutions, corporations, and R&D teams.
Wiley (NYSE: WLY and WLYB), a leading publisher in research and learning, has announced its first quarter 2025 earnings release schedule. The company will disclose its financial results before the market opens on Thursday, September 5, 2024. Following the release, Wiley will host a conference call at 10 AM ET to discuss the results.
Investors and analysts can access the live audio webcast and presentation slides through the provided link or Wiley's Investor Relations website. The webcast archive, presentation, and transcript will be available for one year. For those preferring to join by phone, US and Canada participants can dial (888) 210-3346, while international callers should use (646) 960-0253, both using the participant code 2521217#.
Wiley (NYSE: WLY and WLYB) has appointed Matthew Kissner as President and CEO following a successful nine-month interim period. Kissner, a long-time Wiley veteran, has driven significant progress in organizational improvement, value creation, and AI opportunities. Under his leadership, Wiley exceeded its Fiscal 2024 earnings guidance and delivered revenue at the higher end of its range. The company is targeting revenue, profit, and free cash flow growth in Fiscal 2025 and 2026, bolstered by business momentum and cost savings. Kissner's extensive experience includes leadership roles at Pitney Bowes, Bankers Trust, Citibank, and Morgan Stanley.
Wiley (NYSE: WLY, WLYB) has declared a quarterly cash dividend of $0.3525 per share, payable on July 25, 2024, to shareholders of record on July 9, 2024. This marks the 31st consecutive annual dividend increase, now totaling $1.41 per share annually, up from $1.40 in Fiscal 2024.
The company exceeded its Fiscal 2024 earnings guidance, with Adjusted EBITDA and Adjusted EPS surpassing expectations and Adjusted Revenue at the higher end of the range. Wiley completed a GenAI content rights project with a major tech company in Q4 Fiscal 2024 and another project with a second large tech company for Fiscal 2025. The Value Creation Plan saw progress with two non-core divestitures and $90 million of the targeted $130 million run-rate savings actioned.
For Fiscal 2025, Wiley aims to sustain growth driven by momentum in Research and Learning and accelerated cost savings.
Wiley (NYSE: WLY) reported its fourth quarter and fiscal year 2024 results, exceeding its earnings guidance with a positive outlook for FY25. The fiscal year saw significant restructuring, including divesting non-core assets and achieving $90 million in cost savings. Adjusted revenue for FY24 was $1.617 billion, a slight decline of 1%, while adjusted EBITDA was $369 million, down 3%. The research segment faced a 3% revenue drop, while the learning segment grew by 5%, driven by digital content and a GenAI project. Wiley expects FY25 adjusted revenue of $1.650 to $1.690 billion and adjusted EPS of $3.25 to $3.60.
Wiley (NYSE: WLY and WLYB), a leading global publisher and research entity, will announce its fourth quarter and full-year 2024 financial results on June 13, 2024, before the market opens.
The company has scheduled a conference call at 10am ET to discuss these results.
The event will be accessible via a live webcast and presentation slides on Wiley’s Investor Relations website.
For those unable to attend live, an archive of the webcast, presentation, and transcript will be available for one year.
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