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Article: John Wiley & Sons, Inc. Reports Revenue and Earnings Growth for the Second Quarter and Six-Months.
- Article from:
- Business Wire
- Article date:
- December 10, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Increases Fiscal Year 2008 Guidance for the Blackwell Acquisition
HOBOKEN, N.J. -- John Wiley & Sons, Inc. (NYSE:JWa) (NYSE:JWb) today announced that revenue for the second quarter and first-half of fiscal year 2008 advanced 49% and 48% to $423 million and $812 million, respectively. Revenue from Blackwell Publishing Ltd. (Blackwell), which was acquired in February 2007, contributed $116 million to the quarter and $232 million to the year-to-date results. Revenue for the second quarter and first-half, excluding Blackwell, increased over prior year by 8% and 6%, respectively, or 5% and 4% excluding favorable foreign exchange.
Earnings per diluted share ...