John Wiley & Sons (NYSE: WLY) saw its stock surge 5.12% during intraday trading following the release of its second-quarter fiscal 2026 results, which exceeded analyst expectations.
The company reported revenue of $422 million, slightly down year-over-year but beating estimates, while adjusted EPS of $1.10 surpassed the consensus forecast of $0.97. The strong performance was driven by a 6% revenue growth in its Research segment, fueled by global demand and AI-related content licensing projects. Additionally, Wiley reaffirmed its fiscal 2026 outlook, projecting adjusted EPS between $3.90 and $4.35.
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