John Wiley & Sons Inc., a global leader in research and learning, reported a revenue of $1.677 billion for the fiscal year ended April 30, 2025, marking a 10% decline compared to the previous year. This decrease was attributed to the foregone revenue from divested businesses including University Services, Wiley Edge, and CrossKnowledge. Despite the drop in revenue, the company saw an increase in operating income, which surged to $221.4 million, an improvement of $169.1 million from the prior year. The adjusted earnings per share $(EPS)$ saw a significant increase, rising by 31% on a constant currency basis, primarily driven by an increase in adjusted operating income and interest income. Wiley stated that 83% of its adjusted revenue for the year was generated by digital products and services, with 48% being recurring revenue. The company continues to focus on expanding its digital offerings and enhancing its subscription-based models for universities and corporations.
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