John Wiley & Sons, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2024
March 07, 2024 at 07:30 am EST
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John Wiley & Sons, Inc. reported earnings results for the third quarter and nine months ended January 31, 2024. For the third quarter, the company reported sales was USD 460.71 million compared to USD 491.37 million a year ago. Net loss was USD 113.88 million compared to USD 71.47 million a year ago. Basic loss per share from continuing operations was USD 2.08 compared to USD 1.29 a year ago. Diluted loss per share from continuing operations was USD 2.08 compared to USD 1.29 a year ago.
For the nine months, sales was USD 1,404.53 million compared to USD 1,493.77 million a year ago. Net loss was USD 225.58 million compared to USD 51.11 million a year ago. Basic loss per share from continuing operations was USD 4.1 compared to USD 0.92 a year ago. Diluted loss per share from continuing operations was USD 4.1 compared to USD 0.92 a year ago.
John Wiley & Sons, Inc. is a knowledge company. The Company is engaged in providing research, publishing, and knowledge solutions. The Company's segments include Research, Learning, and Held for Sale or Sold. Research segment is a provide peer-reviewed scientific, technical, and medical (STM) publishing, content platforms, and related services to academic, corporate, and government customers, academic societies, and individual researchers. The Learning segment provides scientific, professional, and education print and digital books, digital courseware to libraries, corporations, students, professionals, and researchers, as well as assessment services to businesses and professionals. The Company's Research Publishing products provide scientific, technical, medical, and scholarly journals, as well as related content and services, to academic, corporate, and government libraries, learned societies, and individual researchers, and other professionals.
JOHN WILEY & SONS, INC. 
