Wiley reported earnings for the first quarter of fiscal 2024, with sales of $451 million, down 7 percent. Operating loss was $(16) million, an increase of 4 percent. Adjusted EBITDA fell 10 percent to $60 million. “Our Q1 performance was as expected as we continue to execute on our plans and position Wiley for the future,” president and ceo Brian Napack said. “While Research was down due to an unusual publishing pause in the second half of last year, we are seeing underlying strength and momentum returning, including growing article volumes, higher journal impact scores, and new partner signings. We […]
