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Jul 31, 2020
Wiley Q1 2021 Earnings Report
Wiley's first quarter results for fiscal year 2021 reflected revenue increase and significant EPS growth.
Key Takeaways
Wiley reported a 2% increase in revenue, reaching $431 million. EPS saw substantial growth, rising to $0.29, and adjusted EPS increased by 124% to $0.42. The company's core strategies in open research and online education drove growth in research article output, content consumption, online enrollment, and digital courseware adoption.
Revenue increased by 2% to $431 million.
EPS increased to $0.29.
Adjusted EPS increased by 124% to $0.42.
Research Publishing & Platforms revenue rose 6% at constant currency, with Adjusted EBITDA +19%.
Wiley
Wiley
Forward Guidance
Wiley cannot confidently project the forward-looking impact of the pandemic on its operating results and is therefore not providing a financial outlook for fiscal year 2021 at this time.