John Wiley & Sons Reports Q1 Fiscal 2027 Earnings with Growth in Research and AI
John Wiley & Sons (NYSE:WLY) reported mixed results for its first-quarter fiscal 2027, driven by strong performance in research publishing and artificial intelligence offerings. Revenue from research publishing rose 12%, while the company generated $14 million in AI-related revenue during the quarter. However, this was offset by a challenging year-over-year comparison due to prior-year AI licensing revenue of $29 million. The acquisition of Emerald Publishing contributed positively, adding $13 million in publishing revenue and $5 million in adjusted EBITDA for the period. Wiley is integrating Emerald ahead of schedule and expects full realization of its targeted $30 million annual cost synergies by year three. Despite a 20% decline in learning segment revenue due to weak academic and professional demand, the company reaffirmed its fiscal 2027 guidance. Wiley maintained expectations for low-to-mid-single-digit organic growth, adjusted EPS of $4.60–$5.05, and free cash flow of $205 million in FY2027. CEO Matt Kissner emphasized the growing use of Wiley's content in AI-driven research applications as a long-term opportunity.
Tickers: $WLY
Topics: ai_revenue learning_segment_performance research_publishing