Wiley Reports Fourth Quarter and Fiscal Year 2021 Results
John Wiley & Sons, Inc. (JW.A)
Last john wiley & sons, inc. earnings: 3/4 08:00 am
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Source: Business Wire
HOBOKEN, N.J.--(BUSINESS WIRE)--John Wiley & Sons, Inc. (NYSE:JWA)(NYSE:JWB), a global leader in research and education, today announced results for the fourth quarter and fiscal year ended April 30, 2021.FOURTH QUARTER 2021 SUMMARYGAAP results: Revenue of $536 million, Operating Income of $51 million, and EPS of $0.73Adjusted results (at constant currency): Revenue +10%, EBITDA +21%, and EPS +41%FISCAL YEAR 2021 SUMMARYGAAP results: Revenue of $1,942 million, Operating Income of $186 million, EPS of $2.63, and Cash Flow from Operations of $360 millionAdjusted results (at constant currency): Revenue +4%, EBITDA +16%, and EPS +27%Free Cash Flow of $257 million, up 48% from prior yearDigital products and tech-enabled services now at 82% of total revenue, up from 80% a year agoMANAGEMENT COMMENTARY“Fiscal 2021 was a good year for Wiley as our growth strategies in open research and career-connected education took firm root and benefited from long-term trends pulled forward by COVID,”
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