John Wiley & Sons Inc. reported second-quarter fiscal 2015 adjusted earnings per share of 90 cents that topped the Zacks Consensus Estimate by a couple of cents while rising 7% year over year (up 8% on constant currency basis).
Revenues grew 6% (6% on a constant currency basis) year over year to $477 million and were ahead of the Zacks Consensus Estimate of $475 million. Growth at the Education segment along with several acquisitions, including CrossKnowledge and Talent Solutions, in the Professional Development segment, aided by a consistent improvement in journal revenues
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%0D%0ARevenues%20grew%206%%20(6%%20on%20a%20constant%20currency%20basis)%20year%20over%20year%20to%20$477%20million%20and%20were%20ahead%20of%20the%20Zacks%20Consensus%20Estimate%20of%20$475%20million.%20Growth%20at%20the%20Education%20segment%20along%20with%20several%20acquisitions,%20including%20CrossKnowledge%20and%20Talent%20Solutions,%20in%20the%20Professional%20Development%20segment,%20aided%20by%20a%20consistent%20improvement%20in%20journal%20revenues%0D%0A%0D%0Ahttps%3A%2F%2Fwww.bookbusinessmag.com%2Faggregatedcontent%2Fjohn-wiley-beats-q2-earnings-acquisitions-restructuring%2F" target="_blank" class="email" data-post-id="10708" type="icon_link"> Email Email 0 Comments Comments