Margins Up At Wiley

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: #digital products #operating margin #updated information #$80 million #fiscal year

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Academic Publishing Edition: Wiley’s Jay Flynn on ‘Science Literacy’

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 ]
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Sales, Earnings Up in Q2 at Wiley

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 ]
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Open Access: Germany’s Knowledge Unlatched Acquired by Wiley

Announcing its acquisition of Knowledge Unlatched, Wiley stresses the need to simplify open-access transactions for both libraries and publishers. The post Open Access: Germany’s Knowledge Unlatched Acquired by Wiley appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-12-03 04:15:48 UTC ]
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Wiley Ends Fiscal 2021 on High Note

Helped by a strong performance in the fourth quarter ended April 30, 2021, revenue at John Wiley rose 6% in fiscal year 2021 over fiscal 2020. The company reported operating income of $185 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-06-10 04:00:00 UTC ]
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Wiley Revenue Rose 3% in Q3

John Wiley's financial performance in the third quarter ended January 31, 2021, was strong enough for the company to raise sales and earnings estimates for the fiscal year ending April 30. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-04 05:00:00 UTC ]
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S&S signs Soon Wiley's debut novel

Simon and Schuster UK is to publish debut author Soon Wiley's "wonderfully layered" novel When We Fell Apart.  Continue reading at The Bookseller

[ The Bookseller | 2021-01-28 17:40:14 UTC ]
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AAP Officers: Wiley CEO Brian Napack Is Chair, Hachette CEO Pietsch is Vice-Chair

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Wiley buys Hindawi for $298m

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Wiley Buys Open Access Publisher for $298 Million

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Wiley Has Sharp Earnings Increase in Q2

Citing “record research output and content consumption, robust online enrollment growth, and broad digital courseware adoption,” net income at John Wiley jumped 53.5% in the second quarter of fiscal 2021 on a 5.3% increase in revenue. Continue reading at Publishers Weekly

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Wiley Posts Q1 Gains Led by Digital Sales Boost

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Virus Leads to Down Fourth Quarter at Wiley

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Wiley Cuts Financial Forecast for Fiscal 2020

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Wiley Posts Q3 Gains in Sales, Earnings

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