Wiley announced second quarter results Tuesday morning, with sales of $477 million up $28 million from a year ago, a 6 percent gain. Adjusted earnings per share grew more, up 8 percent, to $54 million, or 90 cents a share. Book sales declined across their major segments, however. In the professional development segment, combined print and ebook sales were down 9 percent in the quarter to $67 million; in the education segment, book sales were down 7 percent to $50 million; and in research, books and references declined 9 percent to $37 million. CEO Steve Smith says in the release, […]
