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

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Wiley Touts Digital Progess in Down Fiscal 2016

Sales and earnings fell in fiscal 2016 at John Wiley as the company continued its transition to a digital knowledge and learning company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-15 00:00:00 UTC ]
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Wiley reaffirms 'flat' revenue for FY16

Wiley has reported third quarter revenue of $436m, a 3% decline year-on-year excluding foreign exchange fluctuations (a 6% decline without that exclusion). Continue reading at The Bookseller

[ The Bookseller | 2016-03-11 00:00:00 UTC ]
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Bad Quarter for Wiley

Revenue at John Wiley dropped 9%, to $433.4 million, in the second quarter ended October 31, 2015, and net income decreased 19%, to $43.6 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-08 00:00:00 UTC ]
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Kissner Elected Chairman of John Wiley

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[ Publishers Weekly | 2015-10-01 00:00:00 UTC ]
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Jaipur Lit Festival Expands to Colorado, Marginalized Americans

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Wiley in data partnership with Figshare

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Global Publishing Leaders 2015: Wiley

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Book revenues decline in Wiley third quarter

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Wiley partners with ebook bundling BitLit

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Wiley Quarterly Results Up; Details Book Reorg

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