John Wiley & Sons, Inc. (WLY) reported Thursday net income for the first quarter of $25.27 million or $0.46 per share, sharply lower than $68.34 million or $1.22 per share in the prior-year quarter.
Excluding items, adjusted earnings for the quarter were $1.21 per share, compared to $1.19 per share in the year-ago quarter.
Revenue for the quarter declined 11 percent to $468.46 million from $526.13 million in the same quarter last year. Revenues increased 4 percent in constant currency.
Looking ahead to fiscal 2025, the company now projects adjusted earnings in a range of $3.25 to $3.60 per share on adjusted earnings between $1.65 billion to $1.69 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.