WLY Q2 2023 Earnings — John Wiley & Sons, Inc. Revenue & Financial Results | Market Cap Arena

WLYJohn Wiley & Sons, Inc.

$2B

Q2 2023 Earnings

Communication Services Publishing

Income Statement

Revenue

$515M-3.4% YoY

Gross Profit

$345M66.9% margin

Operating Income

$57M11.2% margin

Net Income

$38M7.4% margin

EPS (Diluted)

$0.68

QoQ Revenue Growth

+5.6%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

-$12M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$2.1B

Stockholders' Equity

$1.1B

Cash & Equivalents

$118M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$515M	$533M	-3.4%
Gross Profit	$345M	$358M	-3.8%
Operating Income	$57M	$74M	-22.3%
Net Income	$38M	$56M	-31.8%

Revenue Segments

Research Publishing and Platforms Segment

$547M53%

Academic and Professional Learning Segment

$305M29%

Education Services Segment

$185M18%