John Wiley & Sons' Impressive Performance in Q3 and Future Outlook
Thursday, 7 March 2024, 12:47
John Wiley & Sons Q3 Results Overview:
John Wiley & Sons has reported an impressive performance in Q3, exceeding analysts' forecasts.
Key Financial Metrics:
- Non-GAAP EPS of $0.59 beat estimates by $0.14.
- Revenue of $461M surpassed expectations, despite a year-over-year decrease of 6.2%.
- Net Debt-to-EBITDA Ratio improved to 1.9 from 2.1 at the end of the quarter.
John Wiley & Sons' solid financial performance and optimistic outlook reflect positive growth prospects for the company.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.