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Wiley delivered a profitable first quarter in FY26, supported by a notable increase in net income and successful AI licensing partnerships, despite a year-over-year revenue decline due to divestitures.
Adjusted EPS rose to 0.49, up from 0.47 last year.
GAAP Net Income reached 11700000, reversing a loss in the prior year.
Research revenue grew to 281692000, aided by 16000000 in AI licensing deals.
The company increased its dividend for the 32nd consecutive year and authorized a 250000000 share repurchase.
Wiley reaffirmed its fiscal 2026 guidance with expectations of low to mid-single digit revenue growth and continued expansion in AI-driven research publishing.