HOBOKEN, N.J. (AP) — HOBOKEN, N.J. (AP) — John Wiley & Sons Inc. (WLY) on Thursday reported a loss of $92.3 million in its fiscal first quarter.
The Hoboken, New Jersey-based company said it had a loss of $1.67 per share. Earnings, adjusted for one-time gains and costs, came to 27 cents per share.
The publisher posted revenue of $451 million in the period.
John Wiley & Sons expects full-year earnings in the range of $2.05 to $2.40 per share.