Wiley releases transcript of fiscal 2026 fourth-quarter earnings call
John Wiley & Sons, Inc. Class A
John Wiley & Sons, Inc. Class A WLY | 0.00 |
- John Wiley & Sons posted its fiscal 2026 fourth-quarter results in an earnings call attended by CEO Matthew S. Kissner, CFO Craig Albright, IR VP Brian Campbell.
- FY26 adjusted EBITDA margin rose 220 bps to 26.2%; free cash flow jumped 55% to USD 195 million; USD 174 million returned to shareholders.
- Emerald Publishing acquired for USD 452 million; about USD 85 million revenue, 92% recurring, 37%-38% EBITDA margin; USD 30 million cost synergies targeted by year 3.
- AI revenue climbed to USD 49 million; recurring AI revenue reached USD 8 million; management expects AI above USD 50 million in FY27 with recurring up 2x-3x.
- FY27 outlook: organic revenue low-to-mid single digits; adjusted EBITDA margin 26.5%-27.5%; adjusted EPS USD 4.60-5.05; free cash flow USD 205 million.
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