"Wiley Reports Fourth Quarter and Fiscal Year 2015 Results"

John Wiley & Sons has released "Wiley Reports Fourth Quarter and Fiscal Year 2015 Results."

Here's an excerpt:

Revenue: Fourth quarter revenue on a constant currency basis declined 1% to $275 million, with a decline in journal subscription (-2%) and print book (-8%) revenue offsetting growth in other journal revenue (+6%), digital books (+3%), and funded access (+3%). For the year, revenue on a constant currency basis rose 2% to $1,041 million, driven by journal subscriptions (+1%), funded access (+29%), and other journal revenue (+15%), which offset an overall book decline of 7%.

See also: "Wiley Touts Digital Progress in Down Fiscal 2016."

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Author: Charles W. Bailey, Jr.

Charles W. Bailey, Jr.