John Wiley & Sons, Inc. (WLY, WLYB) reported Wednesday a net loss for the second quarter of $19.45 million or $0.35 per share, compared to net income of $38.19 million or $0.68 per share in the prior-year quarter.
Excluding items, adjusted earnings for the quarter was $0.73 per share, compared to $1.02 per share in the year-ago quarter.
Revenue for the quarter declined 4 percent to $492.81 million from $514.84 million in the same quarter last year. Adjusted revenue was down 1 percent to $406.61 million.
Looking ahead to fiscal 2024, the company still projects adjusted earnings in a range of $2.05 to $2.40 per share on adjusted revenues between $1.58 billion and $1.63 billion.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.