earnings
confidence high
sentiment negative
materiality 0.75
Wiley Q1 GAAP loss of $0.32 per share; adjusted EPS down 60% YoY
JOHN WILEY & SONS, INC.
2023-Q1 EPS reported
-$0.32
revenue$487,569,000
- GAAP revenue $488M flat YoY; operating loss -$17M vs +$41M prior year.
- Adjusted EPS $0.36 (-60% cc); adjusted EBITDA $64M (-34% cc).
- Dividend raised to $1.39 annualized per share, 29th consecutive increase.
- FY2023 outlook reaffirmed: rev $2.18-$2.22B, adj. EBITDA $425-$450M.
- Research revenue +4% cc; $22M restructuring charge for mthree brand exit.