Why Publishing Company John Wiley & Sons' Shares Are Surging On Thursday?
Why Publishing Company John Wiley & Sons' Shares Are Surging On Thursday?
John Wiley & Sons Inc (NYSE:WLY) shares are surging after the company reported better-than expected fourth-quarter FY24 earnings and initiated Fy25 guidance.
John Wiley & Sons Inc (NYSE: WLY)股票價格飆升，因公司報告超出預期的第四季度FY24盈利並公佈FY25業績指導。
The company reported a fourth-quarter FY24 sales decline of 10.9% year-on-year to $468.46 million, beating the analyst consensus estimate of $438.70 million.
該公司報告第四季度FY24銷售額同比下降10.9％，爲4.6846億美元，超過分析師平均估計的4.387億美元。
Revenue from Research decreased 3% to $271 million, and that of learning jumped 18% to $170 million.
其研究收入減少3％至2.71億美元，學習收入躍升18％至1.7億美元。
Total costs and expenses decreased 10% Y/Y to $399.8 million.
總成本及費用同比下降10％至3.998億美元。
Operating income for the quarter fell 16.65% to $68.8 million and the operating margin contracted by 100 basis points to 14.7%.
本季度運營利潤下降16.65％至6880萬美元，營業利潤率收縮100個點子至14.7％。
The company held $83.2 million in cash and equivalents as of April 30, 2024.
截至2024年4月30日，該公司持有8320萬美元的現金和等價物。
Operating cash flow for the year totaled $208 million, with a free cash flow of $114 million.
本年度的經營性現金流量爲2.08億美元，自由現金流爲1.14億美元。
Adjusted EBITDA increased 6.8% to $124.9 million, and the adjusted EBITDA margin was 28.3% versus 27.6% a year ago.
調整後的EBITDA增長了6.8％至1.249億美元，調整後的EBITDA利潤率爲28.3％，而一年前爲27.6％。
Adjusted EPS of $1.21 beat the consensus of 81 cents.
每股收益調整後爲1.21美元，超過81美分的共識。
"We are seeing robust demand to publish and significant output acceleration in Research as well as continued outperformance in Learning. On top of this, we're seeing significant interest in leveraging our authoritative content to train AI and machine learning models," said Interim President and CEO Matthew Kissner.
代理總裁兼首席執行官Matthew Kissner表示：“我們看到了發表和研究產出顯著加速的強勁需求，以及學習持續的超效。除此之外，我們看到了利用我們權威內容進行AI和機器學習模型培訓的巨大興趣。
Outlook: John Wiley sees FY25 sales of $1.65 billion – $1.69 billion, against the consensus of $1.65 billion and adjusted EPS of $3.25 – $3.60 against the estimate of $3.10.
展望：John Wiley預計FY25銷售額爲16.5億美元至16.9億美元，略高於分析師共識的16.5億美元，調整後的EPS爲3.25-3.60美元，高於分析師的3.10美元的估計。
Price Action: WLY shares traded higher by 11.9% at $40.84 at last check Thursday.
截至上週四最後交易時段結束，WLY股票價格上漲11.9％，報40.84美元。
Photo: Gil C/Shutterstock.com
照片：shutterstock的Gil C。
譯文內容由第三人軟體翻譯。