Wiley backs FY25 adjusted EPS view $3.25-$3.60, consensus $3.40

Backs FY25 revenue view $1.65B-$1.69B, consensus $1.67B. Backs FY25 adjusted EBITDA view $385M-$410M. The company said, “Wiley is reaffirming its Fiscal 2025 growth outlook. Wiley’s revenue outlook is driven by favorable demand trends and strong performance indicators. Wiley’s earnings outlook is driven by expected revenue growth and cost savings, while reflecting reinvestments to scale and optimize Research, modernize infrastructure and expand GenAI content licensing and capabilities. Wiley’s cash flow outlook is driven by lower restructuring payments and favorable working capital partially offset by higher capex and a year-over-year swing in incentive compensation payments. The Company expects capex of $130 million compared to $93 million in Fiscal 2024 driven by the acceleration of its Research Publishing platform work and infrastructure modernization.”