Wiley FY27 Q1 GAAP EPS turns to loss of $0.23; revenue falls 3% to $386 million
WLY•Wiley reports lower first-quarter revenue and a GAAP loss
- Wiley first-quarter revenue slipped 3% to $386 million; GAAP operating income fell to $3 million from $31 million.
- GAAP results turned to a net loss of $11.73 million, or $0.23 per share, from net income of $11.7 million.
- Non-GAAP adjusted EBITDA edged down 4% to $67.82 million; adjusted EPS eased 10% to $0.44.
- Research segment revenue rose 4% to $293.49 million; Learning revenue dropped 19% to $92.87 million.
- Outlook reaffirmed, projecting low-to-mid single-digit organic revenue growth, adjusted EPS of $4.60-$5.05, free cash flow of $205 million.
