John Wiley & Sons, Inc. Provides Earnings Guidance for the Year 2023
June 15, 2022 at 12:30 pm
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John Wiley & Sons, Inc. provided earnings guidance for the year 2023. The Company anticipates mid-single digit revenue growth at constant currency driven by Research and Education Services. Wiley expects gains from revenue growth to be offset by wage inflation and growth investments in Research and Corporate Talent Development.
The company expects revenue to be $2,175 million - $2,215 million.
John Wiley & Sons, Inc. is a knowledge company. The Company is engaged in providing research, publishing, and knowledge solutions. The Company's segments include Research, Learning, and Held for Sale or Sold. Research segment is a provide peer-reviewed scientific, technical, and medical (STM) publishing, content platforms, and related services to academic, corporate, and government customers, academic societies, and individual researchers. The Learning segment provides scientific, professional, and education print and digital books, digital courseware to libraries, corporations, students, professionals, and researchers, as well as assessment services to businesses and professionals. The Company's Research Publishing products provide scientific, technical, medical, and scholarly journals, as well as related content and services, to academic, corporate, and government libraries, learned societies, and individual researchers, and other professionals.