WLY Q2 2024 Earnings — John Wiley & Sons, Inc. Revenue & Financial Results | Market Cap Arena

WLYJohn Wiley & Sons, Inc.

$2B

Q2 2024 Earnings

Communication Services Publishing

Income Statement

Revenue

$493M-4.3% YoY

Gross Profit

$337M68.4% margin

Operating Income

$46M9.4% margin

Net Income

-$19M-3.9% margin

EPS (Diluted)

$-0.35

QoQ Revenue Growth

+9.3%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$28M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$1.9B

Stockholders' Equity

$867M

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$493M	$515M	-4.3%
Gross Profit	$337M	$345M	-2.1%
Operating Income	$46M	$57M	-19.5%
Net Income	-$19M	$38M	-150.9%

Revenue Segments

Research Segment

$258M52%

Learning Segment

$149M30%

Held For Sale Or Sold Segment

$86M17%