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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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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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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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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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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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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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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