John Wiley & Sons: Fiscal 2Q Earnings Snapshot
HOBOKEN, N.J. (AP) _ John Wiley & Sons Inc. (JW.A) on Thursday reported fiscal second-quarter net income of $43.8 million.
On a per-share basis, the Hoboken, New Jersey-based company said it had profit of 76 cents. Earnings, adjusted for restructuring costs, were 89 cents per share.
The publisher posted revenue of $448.6 million in the period.
John Wiley & Sons expects full-year earnings to be $3.43 per share, with revenue expected to be $1.8 billion.
John Wiley & Sons shares have declined 20 percent since the beginning of the year. The stock has dropped 11 percent in the last 12 months.