Welcome to our dedicated page for Wiley (JOHN) & Sons news (Ticker: WLYB), a resource for investors and traders seeking the latest updates and insights on Wiley (JOHN) & Sons stock.
John Wiley & Sons Inc. (WLYB) maintains this comprehensive news hub for investors and professionals tracking developments in academic publishing and educational technology. Our curated collection features official press releases, financial disclosures, and strategic announcements from the 200-year-old knowledge leader.
Key resources include: Quarterly earnings reports, partnership announcements with academic institutions, innovations in digital learning platforms, and executive leadership updates. Users gain insights into the company's global operations across scholarly publishing, professional training, and research solutions.
This repository serves as a vital tool for monitoring WLYB's market position, with verified updates on intellectual property developments, content acquisition strategies, and sustainability initiatives. Bookmark this page for direct access to source materials that inform investment decisions and industry analysis.
Wiley (NYSE: WLY and WLYB) has declared a quarterly cash dividend of $0.3475 per share, payable on April 25, 2023, to shareholders of record on April 11, 2023. This represents an annual dividend of $1.39 per share, up from $1.38 in Fiscal 2022. Notably, this marks the 29th consecutive year that Wiley has increased its quarterly dividend. The company continues its commitment to delivering value to shareholders through consistent dividend growth.
Wiley Edge has partnered with Columbia University's School of Engineering and Applied Science to address labor market gaps in technology skills. This collaboration allows Wiley Edge graduates to earn certificates from Columbia Engineering after completing training programs for in-demand tech roles. The partnership aims to combat a projected talent shortage that could cost businesses trillions by the decade's end, particularly $162 billion annually in technology alone. With a focus on experiential learning and workforce readiness, this initiative enhances career opportunities for graduates while supporting corporate clients' needs for skilled talent.
Wiley (NYSE: WLY) reported a third-quarter revenue of $491 million, reflecting a 5% decline year-over-year due to a goodwill impairment and restructuring costs. The operating loss reached $67 million, compared to a profit of $46 million in the previous year. The EPS loss stood at $1.29, attributed to a $100 million non-cash impairment charge.
Adjusted results indicated an Adjusted EBITDA of $98 million and an Adjusted EPS of $0.85, both lower than prior year figures. The company revised its fiscal outlook downward due to increased market challenges and a publishing pause at Hindawi.
Wiley (NYSE: WLY) is set to announce its third quarter 2023 results before the market opens on March 9, 2023. A conference call will follow at 10 am ET to discuss the financial results. Investors can access the live audio webcast and presentation slides via Wiley's Investor Relations website. The company emphasizes its role as a leading publisher and provider of scientific research and career-connected education worldwide. Additional information and resources will be archived for one year.
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