Wiley announced results for the second quarter ended October 31, reporting sales of $427 million, down 13 percent due to the loss of revenue from divested businesses. Operating income grew 39 percent to $64 million. President and ceo Matthew Kissner said, “Continuous improvement is a way of life for us now, and it’s beginning to pay off in our quality growth and margin expansion. Learning has had a good year so far, both academic and professional, and research delivered low-single digit growth with leading indicators and favorable comparisons signaling a better second half ahead.” Notably, Kissner also said, “Additionally, we […]
