---
schema_version: "secwatch.filing_event.v1"
accession: "0000107140-23-000032"
form_type: "8-K"
ticker: "WLY"
cik: "0000107140"
company_name: "JOHN WILEY & SONS, INC."
filed_at: "2023-03-09T23:59:59+00:00"
generated_at: "2026-06-18T06:20:47.753249+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Wiley reports Q3 GAAP loss of $1.29/share; cuts FY23 outlook on impairment and Hindawi pause

## Summary
- GAAP revenue $491M (-5%); operating loss $67M vs +$46M prior year; includes $100M goodwill impairment.
- Adjusted EPS $0.85 (-9% constant currency); Adj EBITDA $98M (-3%).
- Reduced FY23 guidance: Revenue now $2,065-2,090M (prev $2,110-2,150M); Adj EPS $3.30-3.55 (prev $3.70-4.05).
- Research -4%, Academic -11%, Talent +13%; Hindawi publishing pause hurt Research segment revenue by $9M.
- Accelerating simplification and optimization efforts to drive margin improvement.

## SEC filing metadata
- accession: 0000107140-23-000032
- form_type: 8-K
- ticker: WLY
- cik: 0000107140
- company_name: JOHN WILEY & SONS, INC.
- filed_at: 2023-03-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/107140/000010714023000032/0000107140-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/107140/000010714023000032/jwa-20230309.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000107140-23-000032
- JSON: https://secwatch.observer/filing/0000107140-23-000032.json
- Plain text: https://secwatch.observer/filing/0000107140-23-000032.txt

## Key facts
- Earnings Releases
  JOHN WILEY & SONS, INC. reported third quarter ended January 31, 2023 results: revenue $491 million, net income Operating loss of $67 million, EPS EPS loss of $1.29. Guidance lowered.
  - Period: third quarter ended January 31, 2023
  - Revenue: $491 million
  - Net income: Operating loss of $67 million
  - EPS: EPS loss of $1.29
  - Guidance: lowered
  - Result: reported results
  source text: and a global leader in scientific research and career-connected education, today announced results for the third quarter ended January 31, 2023. • GAAP Results : Revenue of $491 million (-5% vs. prior year), Operating loss of $67 million (-$113M vs. prior year), and EPS loss of $1.29 (-$1.92 vs. prior year). Losses primarily due to non-cash goodwill impairment
  evidence_url: https://www.sec.gov/Archives/edgar/data/107140/000010714023000032/0000107140-23-000032-index.htm

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