Wiley reported Q2 earnings, with total sales for the quarter of $466.2 million, up from $448.6 million — which includes increased sales scope from the zyBooks and Knewton acquisitions. Operating income was $63.4 million, up from $57.5 million. Educational publishing sales were $101.7 million, down from $107.5 million, a decline of 5 percent, despite the boost from the recent acquisitions. Professional learning sales were $76 million, down from from $82.2 million, or 8 percent. It’s unclear exactly how much traditional book publishing declined, however, since the company’s recent decision to combine books with its corporate training business, in a single […]
