Wednesday, July 19, 2017

Wiley Recent Investor Presentation

Wiley reports their fourth quater and also an investor presentation:
  • Full year revenue of $1,719 million, up 2% at constant currency and down 1% excluding the impacts of foreign exchange, shifting to time-based journal subscriptions, and contributions from acquisitions. GAAP revenue flat including a $43 million unfavorable foreign exchange impact.
  • Full year adjusted EPS of $3.00, up 13% at constant currency or up 1% (favorable to guidance of mid-single digit decline) excluding the impacts of foreign exchange, the journal subscription shift, dilution from acquisitions, and unusual charges and credits. GAAP EPS down 21% primarily due to an unfavorable tax decision in Germany.
  • Revenue from digital products and services now 68% of total revenue, up from 63% in the prior year.
  • Calendar year 2017 Journal Subscriptions up 1% on a constant currency basis with approximately 97% of targeted business under contract. 
Here is a link to the investor presentation 

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