Wiley reported first quarter 2014 results of $411 million, just above even with a year ago but up 3 percent on an “adjusted” basis. Net income of $32 million was up 2 percent on a currency-neutral basis, but down $1.4 million in real terms following another in a series of planned restructuring charges. In a telling shift, the company reported “52 percent of our revenue comes from digital content and services, up from 45 percent a year ago, Our transformation from print publisher to provider of digital knowledge and knowledge-enabled services continues.” As does their transition away from any significant […]
