Brief: Wiley Reports Second Quarter Fiscal Year 2023 Results

John Wiley & Sons

07/12/2022 12:46

Dec 7 (Reuters) - John Wiley & Sons Inc  WLY.N :
    * WILEY REPORTS SECOND QUARTER FISCAL YEAR 2023 RESULTS
    * JOHN WILEY & SONS INC Q2 GAAP EARNINGS PER SHARE $0.68
    * JOHN WILEY & SONS INC Q2 REVENUE FELL 3 PERCENT TO $515.0
MILLION
    * JOHN WILEY & SONS INC Q2 ADJUSTED EARNINGS PER SHARE $1.20
    * JOHN WILEY & SONS INC - LOWERING REVENUE OUTLOOK AT
CONSTANT
CURRENCY DUE TO CONSUMER SPENDING AND ENROLLMENT HEADWINDS IN
ACADEMIC & PROFESSIONAL LEARNING
    * JOHN WILEY & SONS - REAFFIRMS FY OUTLOOK FOR ADJUSTED
EBITDA AND
FREE CASH FLOW; ADJUSTED EPS TRENDING TO LOWER END OF RANGE
MAINLY DUE TO RISING INTEREST EXPENSE
    * JOHN WILEY & SONS INC SEES  FY23 REVENUE AT CONSTANT
CURRENCY
$2,110 MILLION - $2,150 MILLION

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