What changed
Wiley reported Q1 FY27 adjusted EPS of $0.44, down 10% from $0.49 a year ago. Revenue was $386M, down 3% YoY from $397M. FY27 adjusted EPS guidance was reaffirmed at $4.60-$5.05. The decline was driven by a prior-year AI licensing comparison of $29M and market-related softness in Learning, partially offset by Research growth and Emerald contributions.
Why it matters
Wiley reported Q1 FY27 adjusted EPS of $0.44, down 10% from $0.49 a year ago. Revenue was $386M, down 3% YoY from $397M. FY27 adjusted EPS guidance was reaffirmed at $4.60-$5.05. The decline was driven by a prior-year AI licensing comparison of $29M and market-related softness in Learning, partially offset by Research growth and Emerald contributions.