Wiley Reports Q1 2027 Earnings with Mixed Performance Across Segments
John Wiley & Sons (WLY) reported first-quarter earnings for fiscal 2027, showing mixed results across its segments. Revenue declined by 3% to $386 million due in part to a non-recurring AI licensing comparison from the prior year. Adjusted EBITDA fell 4% to $68 million and adjusted EPS dropped 10% to $0.44 per share, primarily driven by lower revenue performance and higher interest expenses related to its Emerald acquisition. The Research segment saw growth at $293 million with a 4% increase due to publishing expansion and the contribution from Emerald. However, the Learning segment declined sharply by 20%, impacted by softer consumer demand in retail and corporate assessments as well as prior-year AI comparisons. The company reported $14 million in contracted AI revenue expected to be realized later this year. Wiley reaffirmed its full-year guidance for organic growth of low to mid single digits, with Research segment growth targeted at the higher end of that range. Free cash flow remained negative but improved from a prior-year use of $100 million to $70 million in Q1 2027.
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Topics: adjusted_ebitda adjusted_eps ai_licensing emerald_acquisition revenue