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John Wiley & Sons, Inc. - WLY STOCK NEWS

Welcome to our dedicated page for John Wiley & Sons news (Ticker: WLY), a resource for investors and traders seeking the latest updates and insights on John Wiley & Sons stock.

John Wiley & Sons, Inc. (NYSE: WLY) is a globally-renowned provider of academic journals, books, pre- and post-hire assessments, training materials, test preparation resources, and online education program management solutions. Established in 1807, Wiley has been a trusted source of knowledge for over two centuries, playing a pivotal role in the fields of science, technology, medicine, and education. The company boasts a rich heritage, having published works by more than 400 Nobel Laureates across diverse categories including literature, economics, physiology or medicine, physics, chemistry, and peace.

Wiley’s core businesses encompass the publication of scientific, technical, medical, and scholarly journals, encyclopedias, books, and online products and services. Additionally, the company offers professional and trade books, subscription products, training materials, online applications, and educational content for undergraduate and graduate students as well as lifelong learners.

The company is strategically segmented into two primary business units: the Academic segment, which caters to university customers and includes Academic Publishing and University Services, and the Talent segment, which focuses on delivering training, sourcing, and upskilling solutions to corporate clients. Impressively, over 85% of Wiley’s total revenue is derived from digital products and tech-enabled services, underlining the company's adaptability in an increasingly digital world.

Headquartered in Hoboken, New Jersey, Wiley operates globally with significant presences in the U.S., Europe, Asia, Canada, and Australia. The company’s website, accessible at www.wiley.com, provides further insights into its vast array of services and offerings.

In recent news, Academic Partnerships (AP), a company that aids regional public universities in expanding their online programs, has agreed to acquire Wiley University Services. This merger is intended to support over 125 colleges and universities across 40 U.S. states and internationally. By combining efforts, the two entities aim to enhance access to affordable, high-quality, and workforce-relevant online education, particularly for working adults and professionals. This transaction, scheduled to close by early 2024, symbolizes a strategic shift towards a more focused Wiley, leveraging its competitive advantages and market opportunities in research and learning.

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Wiley announces a new five-year agreement with the DEAL Consortium in Germany, continuing their partnership in open access publishing. The agreement will provide authors at German institutions with open access publishing options and read access to all Wiley journal content. The new agreement aims to support the transition to open access, enhance infrastructure, and deepen collaboration with the scholarly community.
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Wiley announces departure of CEO Brian Napack and appointment of Matthew Kissner as Interim CEO
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Wiley announces quarterly dividend of $0.35 per share, equivalent to an annual dividend of $1.40 per share. Company to hold investor day on October 12.
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Wiley reports Q1 results with revenue of $451 million (-7%) and operating loss of -$16 million (+4%). Adjusted revenue at constant currency is $367 million (-8%). Wiley realigned its organization and divested University Services, Wiley Edge, and CrossKnowledge. Q1 performance as expected, with underlying strength and momentum returning in Research. Wiley reaffirms Fiscal 2024 outlook with adjusted revenue of $1.58 to $1.63 billion and adjusted EPS of $2.05 to $2.40.
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Wiley to release Q1 2024 results on September 7, 2023
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Wiley will host an Investor Day to provide an update on its strategic actions and drive greater profitability, growth, and value creation. The event will feature presentations by the executive management team and will be available via live webcast.
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Wiley announces quarterly cash dividend of $0.3500 per share, an increase from last year, and strategic actions to maximize shareholder value.
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FAQ

What is the current stock price of John Wiley & Sons (WLY)?

The current stock price of John Wiley & Sons (WLY) is $49.32 as of November 4, 2024.

What is the market cap of John Wiley & Sons (WLY)?

The market cap of John Wiley & Sons (WLY) is approximately 2.7B.

What does John Wiley & Sons, Inc. do?

John Wiley & Sons, Inc. is a leading provider of academic journals, books, assessments, training materials, test prep resources, and online education management solutions.

When was John Wiley & Sons, Inc. founded?

The company was founded in 1807.

Where is John Wiley & Sons, Inc. headquartered?

Wiley's global headquarters are located in Hoboken, New Jersey.

What are the main business segments of Wiley?

Wiley operates through two main segments: the Academic segment, serving university customers, and the Talent segment, focusing on corporate training and upskilling.

How much of Wiley’s revenue comes from digital products?

Over 85% of Wiley's total revenue is derived from digital products and tech-enabled services.

What recent acquisition has Wiley announced?

Academic Partnerships has announced its intention to acquire Wiley University Services, with the transaction expected to close by early 2024.

What is Wiley’s mission?

Wiley is dedicated to unlocking human potential by serving researchers, learners, innovators, and leaders worldwide.

How can I learn more about Wiley?

You can visit their website at www.wiley.com.

Who are the typical clients of Wiley?

Wiley serves universities, corporate clients, and individual learners worldwide.

How does Wiley support online education?

Wiley offers online education program management solutions and partners with institutions to deliver career-connected education programs.

John Wiley & Sons, Inc.

NYSE:WLY

WLY Rankings

WLY Stock Data

2.68B
45.30M
9.53%
90.52%
1.93%
Publishing
Books: Publishing Or Publishing & Printing
Link
United States of America
HOBOKEN