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Jan 31, 2022

Wiley Q3 2022 Earnings Report

Wiley's Q3 2022 earnings reflected a mix of revenue growth and adjusted EBITDA decrease.

Key Takeaways

Wiley's Q3 2022 earnings showed a revenue increase of 7% to $516 million, but adjusted EBITDA decreased by 5% to $100 million. GAAP EPS increased by 62% to $0.63, while adjusted EPS decreased by 9% to $0.95. The company reaffirmed its full-year outlook.

Revenue increased by 7% to $516 million.

Operating income increased by 34% to $46 million.

EPS increased by 62% to $0.63.

Adjusted EBITDA decreased by 5% to $100 million.

Total Revenue
$516M
Previous year: $483M
+6.8%
EPS
$0.95
Previous year: $0.68
+39.7%
Adjusted EBITDA Margin
19.3%
Previous year: 21.6%
-10.6%
Gross Profit
$343M
Previous year: $325M
+5.4%
Cash and Equivalents
$109M
Previous year: $91.3M
+19.8%
Free Cash Flow
$211M
Previous year: $210M
+0.7%
Total Assets
$3.38B
Previous year: $3.43B
-1.4%

Wiley

Wiley

Forward Guidance

The Company is reaffirming its full year outlook.