Sep 3, 9:08 AM ET
Wiley reported first-quarter fiscal 2027 revenue of $386 million, down 3% from $397 million a year earlier, and a GAAP diluted loss of $0.23 per share compared with diluted earnings of $0.22. Adjusted EPS fell 10% to $0.44, and the company reaffirmed its full-year fiscal 2027 outlook. Shareholders face lower quarterly revenue and profit, higher debt after the Emerald acquisition, and a full-year outlook that depends on a second-half recovery the company expects.
- Revenue of $386 million vs. $397 million a year earlier, down 3%; AI licensing revenue of $14 million vs. $29 million in the prior year
- GAAP diluted EPS of $(0.23) vs. $0.22; adjusted EPS of $0.44 vs. $0.49, down 10%
- Full-year fiscal 2027 outlook reaffirmed, including adjusted EPS of $4.60 to $5.05
- Net debt rose to $1,185 million from $746 million after the June 1 Emerald acquisition; net debt-to-EBITDA ratio of 2.7x
Read the filing on SEC.gov ↗
Jul 9, 8:50 AM ET
Effective July 9, 2026, Wiley appointed Frank Scognamiglio, its Corporate Vice President, Global Controller since April 2025, as Corporate Vice President and Chief Accounting Officer, the principal accounting officer. He succeeds Christopher Caridi, who will remain with the company as Senior Vice President, Business Transformation until his expected retirement on April 30, 2027. The filing covers an officer change only and includes no financial results.
- Scognamiglio's annual base salary is $340,000, with a target annual bonus of 40% of base salary.
- He will receive restricted share units with a grant value of $100,000, granted September 17, 2026, vesting in three equal annual installments on June 30, 2027, 2028 and 2029.
- Caridi is expected to retire on April 30, 2027, and will help transition his duties to Scognamiglio.
Read the filing on SEC.gov ↗
Jun 16, 9:58 AM ET
Wiley reported fourth-quarter revenue of $447.9 million, up 1% as reported and flat at constant currency, and fourth-quarter diluted EPS of $2.61 versus $1.25, which included a $40.4 million income tax benefit. For fiscal 2026, adjusted EPS rose 15% to $4.19 while revenue was flat at $1.68 billion, and the company guided to fiscal 2027 adjusted EPS of $4.60 to $5.05.
- Fiscal 2026 adjusted EPS of $4.19, up from $3.64; GAAP diluted EPS of $4.16 versus $1.53
- Q4 revenue of $447.9 million, up 1% as reported; Q4 Learning revenue fell 6% to $152.3 million
- Fiscal 2027 outlook: adjusted EPS $4.60 to $5.05, adjusted EBITDA margin 26.5% to 27.5%, free cash flow $205 million
- Emerald Publishing acquisition completed after fiscal year-end; Emerald projected to add $78 million to revenue
Read the filing on SEC.gov ↗
Jun 15, 9:19 AM ET
Mari J. Baker, a Wiley director for 15 years, notified the board on June 10, 2026, that she will not stand for reelection at the Annual Meeting on September 24, 2026. The filing says her decision is not due to any disagreement with the company, and the board will be reduced to nine members effective that date.
- Mari J. Baker will not stand for reelection; her term ends at the Annual Meeting on September 24, 2026.
- Baker chairs the Executive Compensation and Development Committee and sits on the Executive Committee.
- Board size will drop to nine members effective September 24, 2026, unless the board changes it.
- The filing states Baker's departure is not the result of any disagreement with the company.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
