[Press Release]Wiley Reports Third Quarter Fiscal 2014 Results– Adjusted revenue of $458 million, up 1% on a constant currency basis – Adjusted revenue change by segment on a constant currency basis and excluding the divested consumer publishing programs: Research +3%, Professional Development -5%, and Education even – Journal subscription revenue of $154 million, up 7% over prior year and 4% year-to-date on a constant currency basis – Adjusted EPS of $0.93, even with prior year on a constant currency basis – Full year financial outlook reaffirmedJohn Wiley & Sons, Inc. (NYSE: JWa and JWb), a global provider of knowledge and knowledge-enabled services that improve outcomes in research, professional practice, and education, today announced the following results for the third quarter of fiscal year 2014, ending January 31, 2014.Business Summary“Through three quarters, research journal performance has been favorable, with 4% revenue growth in journal subscriptions, strong revenue growth in author-funded open access, and a solid start to subscription billings for volume year 2014,” said Steve Smith, President and CEO of Wiley. “In addition, professional and education solutions, including talent management, WileyPLUS, and online program management, continue to show strong double-digit revenue growth.”With one quarter remaining in the fiscal year, the company …read more

Via: Digital Book World