Wiley Q1 2022 Earnings Report
Key Takeaways
Wiley reported a strong first quarter with revenue of $488 million, a 13% increase compared to the previous year. Operating income increased by 36% to $41 million. Adjusted EPS was $0.54, up 17% at constant currency.
Revenue of $488 million (+13%) and Operating Income of $41 million (+36%).
Adjusted revenue of $488 million (+9%), Adjusted EBITDA of $95 million (+12%), and Adjusted EPS of $0.54 (+17%) at constant currency.
Research Publishing & Platforms rose 14% as reported, 10% at constant currency, and 5% excluding acquisitions.
Academic & Professional Learning grew 10% as reported and 7% at constant currency, driven by strong growth in digital courseware and professional publishing.
Wiley
Wiley
Wiley Revenue by Segment
Forward Guidance
The Company is reaffirming its full year outlook and adding the newly defined Adjusted EPS metric. Wiley will discontinue reporting on the former Adjusted EPS metric.
Revenue & Expenses
Visualization of income flow from segment revenue to net income