Wiley reported results from the third quarter ended January 31, with adjusted sales of $405 million, down from $461 million, due to the loss of sales from divested businesses. Operating income was $51.8 million for the quarter, compared to a loss of $(46.4) million in 2024, when there was a big impairment for writedown of goodwill. Income before taxes was $18.7 million, up from $(112.3) million. The learning segment, which includes textbook sales, fell 6 percent for sales of $137 million, due to softness in academic sales and an unfavorable comparison to the previous year, which included a $6 million […]
