Wiley Reports Second Quarter Fiscal 2020 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 and JWB), a global research and education company, today announced results for the second quarter ended October 31, 2019.HighlightsGAAP Results: Revenue of $466 million (+4%) and EPS of $0.79 (+4%)Adjusted Results (at constant currency): Revenue +5%, EBITDA +3%, and EPS -1%Strong growth in Research and Education Services segmentsAcademic & Professional Learning decline reflecting market pressures in book publishingEfficiency improvements and cost savings through business optimization“We continue to make good progress on our strategic initiatives, building upon our competitive advantages and extending into adjacent opportunities,” said Brian Napack, Wiley’s President and CEO. “Our Research and Education Services businesses delivered another quarter of strong growth and improved profitability, driven by noteworthy gains in research publishing volume and enrollment growth in Education Services. In Academic & Professio
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