John Wiley & Sons, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended October 31, 2023
December 06, 2023 at 08:00 am EST
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John Wiley & Sons, Inc. reported earnings results for the second quarter and six months ended October 31, 2023. For the second quarter, the company reported sales was USD 492.81 million compared to USD 514.84 million a year ago. Net loss was USD 19.45 million compared to net income of USD 38.19 million a year ago. Basic loss per share from continuing operations was USD 0.35 compared to basic earnings per share from continuing operations of USD 0.69 a year ago. Diluted loss per share from continuing operations was USD 0.35 compared to diluted earnings per share from continuing operations of USD 0.68 a year ago.
For the six months, sales was USD 943.82 million compared to USD 1,002.41 million a year ago. Net loss was USD 111.71 million compared to net income of USD 20.36 million a year ago. Basic loss per share from continuing operations was USD 2.02 compared to basic earnings per share from continuing operations of USD 0.37 a year ago. Diluted loss per share from continuing operations was USD 2.02 compared to diluted earnings per share from continuing operations of USD 0.36 a year ago.
John Wiley & Sons, Inc. is a knowledge company. The Company is engaged in providing research, publishing, and knowledge solutions. The Company's segments include Research, Learning, and Held for Sale or Sold. Research segment is a provide peer-reviewed scientific, technical, and medical (STM) publishing, content platforms, and related services to academic, corporate, and government customers, academic societies, and individual researchers. The Learning segment provides scientific, professional, and education print and digital books, digital courseware to libraries, corporations, students, professionals, and researchers, as well as assessment services to businesses and professionals. The Company's Research Publishing products provide scientific, technical, medical, and scholarly journals, as well as related content and services, to academic, corporate, and government libraries, learned societies, and individual researchers, and other professionals.
JOHN WILEY & SONS, INC. 
