Although total sales for the fiscal year ended April 30 rose only 2%, to $1.79 billion, at John Wiley, operating income increased 13%, to $280.4 million, boosting the company’s operating margin to 15.7%. Wiley said 40% of its revenue came from digital products and the company will continue to focus on publishing “must have” information. That focus led to the purchase earlier in the fiscal year of Inscape Holdings and the decision to put up for sale some consumer assets (travel, culinary, general interest, nautical, pets, crafts, Webster’s New World, and Cliff’s Notes), which had sales in fiscal 2012 of $80 million and a $6 million contribution to profit. Wiley had little updated information on the possible divestiture, with CEO Stephen Smith telling analysts only that “we are fully engaged in the process of finding a right buyer and situation for our consumer assets.” Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2012-06-22 00:00:00 UTC ]
News tagged with:
#fiscal year
#$80 million
#updated information
#operating margin
#digital products
Although total sales for the fiscal year ended April 30 rose only 2%, to $1.79 billion, at John Wiley, operating income increased 13%, to $280.4 million, boosting the company’s operating margin to 15.7%. Wiley said 40% of its revenue came from digital products and the company will continue to... Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-06-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#fiscal year
#$80 million
#updated information
#operating margin
#digital products
Under Wiley AI Partnerships, the company will work with start-ups and scale-ups to develop AI tools that will help researchers use AI responsibly and effectively in their work. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-10-17 04:00:00 UTC ]
More news stories like this | News stories tagged with:
The company it has completed the sale of three companies and saw gains from recent AI partnerships in the first quarter of fiscal year 2025, with CEO Matthew Kissner promising that Wiley is prepared to "move decisively on AI opportunities." Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-09-05 04:00:00 UTC ]
More news stories like this | News stories tagged with:
Kissner, who was named interim CEO of Wiley last October following the resignation of Brian Napack, has had the interim title removed, taking over as president and CEO. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-10 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#brian napack
The managing director of the publishing startup describes her disruptive agenda and promises a list of "strong, game-changing voices." Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-02-23 05:00:00 UTC ]
More news stories like this | News stories tagged with:
#publishing spotlight
As part of its efforts to create a leaner and more profitable company, Wiley began its restructuring plan in the second quarter, which included consolidating some functions and selling assets. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-12-06 05:00:00 UTC ]
More news stories like this | News stories tagged with:
#restructuring plan
#selling assets
With results down in fiscal 2023, Wiley announced that it will offload non-core assets in fiscal 2024 and focus on its research and learning groups. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-15 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#challenging year
A decline in sales in Wiley's academic group and problems in an open access unit led to a 5% drop in sales in the quarter and an operating loss of $67 million. The unexpected results led Wiley to speed up its streamlining efforts and to lower its financial forecast for fiscal 2023. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-03-09 05:00:00 UTC ]
More news stories like this | News stories tagged with:
#5% drop
#operating loss
#financial forecast
Sales fell 3% at John Wiley in the second quarter ended October 31, largely due to a 14% revenue decline in its academic and publishing learning group. Trouble in the group prompted the company to lower its revenue forecast for fiscal 2023, though its earnings predictions remained intact. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-12-07 05:00:00 UTC ]
More news stories like this | News stories tagged with:
#sales fall
#john wiley
#largely due
In a deal that involves more than 500 titles, Turner Publishing has acquired West Margin Press from the Ingram Content Group. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-10-26 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#turner publishing
Two days before Frankfurter Buchmesse opens, Wiley Partners Solution is announced, a new division in research. The post Frankfurt Week: Wiley Opens Its ‘Partner Solutions’ Division appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-10-17 07:05:45 UTC ]
More news stories like this | News stories tagged with:
#frankfurt week
#frankfurter buchmesse
Sales at Wiley were flat in the quarter ended July 31, 2022, but restructuring charges and higher costs, including higher T&E charges, led to an operating loss of $17 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-09-07 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#quarter loss
#restructuring charges
#higher costs
#operating loss
Wiley overcame a decline in its education publishing segment to post a 7% increase in revenue for the fiscal year ended April 30, 2022 and a 18% increase in operating income. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-06-16 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#7% increase
#operating income
At Slate, Maia Kobabe discusses writing Gender Queer, a memoir about self-acceptance and understanding, which has been challenged in schools and libraries across the country in recent months. “What I’m learning is that a book challenge is like a community attacking itself,” Kobabe says. “The... Continue reading at The Millions
[ The Millions | 2022-03-30 20:30:51 UTC ]
More news stories like this | News stories tagged with:
#maia kobabe
#book challenge
#recent months
#libraries
#memoir
Despite a number of challenges, third quarter revenue at John Wiley rose 7% over the comparable period in fiscal 2021 and the company is poised to have sales exceed $2 billion for the first time in its history. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-03-10 05:00:00 UTC ]
More news stories like this | News stories tagged with:
#quarter revenue
As the pandemic raises 'science literacy' worldwide, Jay Flynn says Wiley is rushing to enable research stakeholders in a changing business. The post Academic Publishing Edition: Wiley’s Jay Flynn on ‘Science Literacy’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-01-28 12:25:29 UTC ]
More news stories like this | News stories tagged with:
#academic publishing
With all three of its operating segments posting increases, John Wiley & Sons reported that revenue for the second quarter ended October 31, 2021, rose 9% over last year, to $533 million, and operating income increased 6%, to $73.9 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-12-07 05:00:00 UTC ]
More news stories like this |