John Wiley & Sons reports higher revenue in Q2 earnings report
The publisher John Wiley & Sons, Inc. reported stronger revenue and earnings in its second quarter report for fiscal year 2015. Revenue was up 6 percent to $477 million due to growth in its Research and Education segments.
“Our second quarter revenue growth reflects sustained momentum in Research journals and the expansion of our digital solutions portfolio across Professional Development and Education,” said Steve Smith, President and CEO. “We delivered another quarter of solid earnings growth, resulting from the combination of continued revenue growth and efficiency gains from restructuring.”
Adjusted earnings per share grew 8 percent in the quarter.