---
schema_version: "secwatch.filing_event.v1"
accession: "0000107140-22-000092"
form_type: "8-K"
ticker: "WLY"
cik: "0000107140"
company_name: "JOHN WILEY & SONS, INC."
filed_at: "2022-12-07T23:59:59+00:00"
generated_at: "2026-06-21T07:58:02.866674+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Wiley Q2 revenue $515M (-3% YoY); lowers FY23 revenue guidance on consumer/enrollment headwinds

## Summary
- GAAP EPS $0.68 (-31% YoY); Adjusted EPS $1.20 (-13% at cc).
- Revenue fell 3% as reported; constant-currency revenue up 1%. Academic & Professional Learning segment declined 10% cc.
- FY23 revenue guidance reduced to $2.11B-$2.15B (from $2.175B-$2.215B); reaffirms Adj. EBITDA $425M-$450M and FCF $210M-$235M.
- Adjusted EPS trending to lower end of $3.70-$4.05 range due to rising interest expense.
- Restructuring charge of $14M ($0.19/share) for workforce and real estate actions.

## SEC filing metadata
- accession: 0000107140-22-000092
- form_type: 8-K
- ticker: WLY
- cik: 0000107140
- company_name: JOHN WILEY & SONS, INC.
- filed_at: 2022-12-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/107140/000010714022000092/0000107140-22-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/107140/000010714022000092/jwa-20221207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000107140-22-000092
- JSON: https://secwatch.observer/filing/0000107140-22-000092.json
- Plain text: https://secwatch.observer/filing/0000107140-22-000092.txt

## Key facts
- Earnings Releases
  JOHN WILEY & SONS, INC. reported second quarter ended October 31, 2022 results: revenue $515 million, EPS $0.68. Guidance lowered.
  - Period: second quarter ended October 31, 2022
  - Revenue: $515 million
  - EPS: $0.68
  - Guidance: lowered
  - Result: reported results
  source text: Wiley Reports Second Quarter Fiscal Year 2023 Results December 7, 2022 - Hoboken, NJ – Wiley (NYSE: WLY), one of the world's largest publishers and a global leader in scientific research and career-connected education, today announced results for the second quarter ended October 31, 2022. • GAAP Results : Revenue of $515 million (-3% vs. prior year), Operating Income of $57 million (-22% vs. prior year), and EPS of $0.68 (-31% vs. prior year) • Adjusted Results at constant currency : Revenue of $515 million (+1% vs. prior year), Adjusted EBITDA of $124 million (-4% vs. prior year), and Adjusted EPS of $1.20 (-13% vs. prior year) • Fiscal 2023 Outlook: Wiley is lowering its revenue outlook at constant currency due to consumer spending and enrollment headwinds in Academic & Professional Learning. Reaffirms full year outlook for Adjusted EBITDA and Free Cash Flow; Adjusted EPS trending to lower end of range mainly due to rising interest expense
  evidence_url: https://www.sec.gov/Archives/edgar/data/107140/000010714022000092/0000107140-22-000092-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.