John Wiley & Sons(WLY)
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John Wiley & Sons(WLY) - 2023 Q2 - Earnings Call Presentation
2022-12-07 15:13
WILEY ENABLING DISCOVERY | POWERING EDUCATION | SHAPING WORKFORCES | --- | --- | --- | |------------------------------|-------|-------| | | | | | | | | | | | | | Second Quarter | | | | Fiscal 2023 Earnings Review | | | | December 7, 2022 | | | SAFE HARBOR STATEMENT This presentation contains certain forward-looking statements concerning the Company's operations, performance, and financial condition. Reliance should not be placed on forward-looking statements, as actual results may differ materially from tho ...
John Wiley & Sons(WLY) - 2023 Q1 - Earnings Call Presentation
2022-09-08 17:58
WILEY ENABLING DISCOVERY | POWERING EDUCATION | SHAPING WORKFORCES | --- | --- | --- | |------------------------------|-------|-------| | | | | | | | | | | | | | First Quarter | | | | Fiscal 2023 Earnings Review | | | | September 7, 2022 | | | SAFE HARBOR STATEMENT This presentation contains certain forward-looking statements concerning the Company's operations, performance, and financial condition. Reliance should not be placed on forward-looking statements, as actual results may differ materially from tho ...
John Wiley & Sons(WLY) - 2023 Q1 - Quarterly Report
2022-09-07 19:43
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_____ to _____ Commission File No. 001-11507 JOHN WILEY & SONS, INC. (Exact name of Registrant as specified in its charter) New York 13-5593032 (State or other jurisdictio ...
John Wiley & Sons(WLY) - 2023 Q1 - Earnings Call Transcript
2022-09-07 18:06
John Wiley & Sons, Inc. (NYSE:WLY) Q1 2023 Earnings Conference Call September 7, 2022 10:00 AM ET Company Participants Brian Campbell – Vice President-Investor Relations Brian Napack – President and Chief Executive Officer Christina Van Tassell – Executive Vice President and Chief Financial Officer Conference Call Participants Daniel Moore – CJS Securities Operator Good morning, my name is Rob, and I will be your conference operator today. At this time I would like to welcome everyone to the Wiley’s First Q ...
John Wiley & Sons(WLY) - 2022 Q4 - Annual Report
2022-06-24 18:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | Title of each class | Trading Symbol | Name of each exchange on which registered | | --- | --- | --- | | Class A Common Stock, par value $1.00 per share | WLY | New York Stock Exchange | | Class B Common Stock, par value $1.00 per share | WLYB | New York Stock Exchange | ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE S ...
John Wiley & Sons(WLY) - 2022 Q4 - Earnings Call Transcript
2022-06-15 19:48
Financial Data and Key Metrics Changes - In fiscal year '22, the company achieved over $2 billion in annual revenue for the first time, marking a significant milestone in its 215-year history [5][6] - Adjusted EBITDA rose by 3% and adjusted EPS increased by 4%, despite challenges in certain segments [13] - Free cash flow for the year was $223 million, down $34 million from the previous year, primarily due to one-time items [44][45] Business Line Data and Key Metrics Changes - Research segment revenue increased by 9% or 5% organic, with adjusted EBITDA up 10% [34] - Academic & Professional Learning (APL) revenue was up 1% for the year, with professional learning growth offsetting declines in Education Publishing [38] - Corporate talent development saw a remarkable 70% revenue growth, driven by new client signings and upskilling programs [25][40] Market Data and Key Metrics Changes - University enrollment was down over 4% in spring, impacting demand for Education programs [20] - The company noted a challenging enrollment cycle across higher education, with a decline in university services revenue [20][43] - Despite these challenges, the long-term outlook for online higher education remains positive, with expected growth in corporate talent development [21] Company Strategy and Development Direction - The company aims to lead in two key trends: the growth of open scientific research and the drive for career-connected education [8][9] - Strategic focus areas include expanding Research Solutions and enhancing corporate talent development capabilities [60][61] - The company plans to simplify operations and improve efficiency to enhance profitability and margin expansion [60][62] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the impact of geopolitical issues and inflation on the business but expressed confidence in the company's resilience [11][31] - The company expects solid revenue growth to continue in FY '23, driven by strong market fundamentals [59][64] - Management is committed to maintaining a disciplined approach to capital allocation while focusing on growth opportunities [79] Other Important Information - The company has been recognized as the most trusted company in media according to a Newsweek survey [7] - The company is committed to achieving carbon-neutral certification and has made significant progress in its ESG efforts [28] Q&A Session Summary Question: What are the implied EBITDA margins for fiscal '23 across segments? - Management refrained from providing specific segment information due to significant currency impacts but acknowledged the challenges [69] Question: What specific investments are being made in Research and talent development? - The company is focusing investments on areas with clear growth and profit opportunities, particularly in Research Publishing and corporate talent development [70][71] Question: Is there an upfront spend associated with new partnerships in talent development? - New client additions do not typically require significant upfront investment, as the business is cash-generative [74][75] Question: Are mid-teens margins still achievable in the Ed Services segment? - The company confirmed that mid-teens margins are currently being achieved in the services part of the business, despite recent cyclical challenges [76] Question: What is the focus on capital allocation and leverage? - The company is comfortable with its current leverage and is committed to balancing internal investments with returning capital to shareholders [77][78]
John Wiley & Sons(WLY) - 2022 Q4 - Earnings Call Presentation
2022-06-15 18:07
WILEY ENABLING DISCOVERY | POWERING EDUCATION | SHAPING WORKFORCES Fourth Quarter and Fiscal 2022 Earnings Review Brian Napack, President and CEO Christina Van Tassell, EVP and CFO June 15, 2022 SAFE HARBOR STATEMENT This presentation contains certain forward-looking statements concerning the Company's operations, performance, and financial condition. Reliance should not be placed on forward-looking statements, as actual results may differ materially from those in any forward-looking statements. Any such fo ...
John Wiley & Sons(WLY) - 2022 Q3 - Quarterly Report
2022-03-09 18:35
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_____ to _____ Commission File No. 001-11507 JOHN WILEY & SONS, INC. (Exact name of Registrant as specified in its charter) New York 13-5593032 (State or other jurisdic ...
John Wiley & Sons(WLY) - 2022 Q3 - Earnings Call Transcript
2022-03-08 22:20
John Wiley & Sons, Inc. (JW.A) Q3 2022 Earnings Conference Call March 8, 2022 10:00 AM ET Company Participants Brian Campbell - Vice President of Investor Relations Brian Napack - President and Chief Executive Officer Christina Van Tassell - Executive Vice President and Chief Financial Officer Conference Call Participants Daniel Moore - CJS Securities Operator Good morning. My name is Rob, and I will be your conference operator today. At this time, I would like to welcome everyone to the Wiley’s Third Quart ...
John Wiley & Sons(WLY) - 2022 Q3 - Earnings Call Presentation
2022-03-08 20:07
WILEY ENABLING DISCOVERY | POWERING EDUCATION | SHAPING WORKFORCES Third Quarter Fiscal 2022 Earnings Review March 8, 2022 | --- | --- | --- | --- | --- | --- | |-----------------------------------------------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Wiley unlocks human | | | | | | | potential by powering discovery and learning | | | | | | | | | | | | | | | | | | | | | | | | | | | Consistent strategies aligned with seismic ...