John Wiley & Sons, Inc. (NYSE:WLY) Q1 2025 Earnings Conference Call September 5, 2024 10:00 AM ET

Company Participants

Brian Campbell - Vice President, Investor Relations
Matt Kissner - President & Chief Executive Officer
Christina Van Tassell - Executive Vice President & Chief Financial Officer
Jay Flynn - Executive Vice President & General Manager, Research & Learning

Conference Call Participants

Daniel Moore - CJS Securities

Operator

Good morning, and welcome to Wiley's Q1 Fiscal 2025 Earnings Call. As a reminder, this conference is being recorded.

At this time, I'd like to introduce Wiley's Vice President of Investor Relations, Brian Campbell. Please go ahead.

Brian Campbell

Thank you, and hello, everyone. I am with Matt Kissner, Wiley's President and CEO; Christina Van Tassell, Executive Vice President and CFO; and Jay Flynn, Executive Vice President and General Manager of Research & Learning.

Note that our comments and responses reflect management's views as of today and will include forward-looking statements. Actual results may differ materially from those statements. The company does not undertake any obligation to update them to reflect subsequent events or circumstances.

Also, Wiley provides non-GAAP measures as a supplement to evaluate underlying operating profitability and performance trends. These measures do not have standardized meanings prescribed by U.S. GAAP and therefore may not be comparable to similar measures used by other companies nor should they be viewed as alternatives to measures under GAAP. Unless otherwise noted, we will refer to non-GAAP metrics on the call and variances are on a year-over-year basis and will exclude held for sale assets and the impact of currency. Additional information is included in our filings with the SEC.

A copy of this presentation and transcript will be available on our Investor Relations webpage at investors.wiley.com.

I'll now turn the call over to Matt Kissner.

Matt Kissner

Thank you Brian, and thank you everyone for joining us today. At the end of last fiscal year, I said that we were seeing strong momentum in our businesses and value creation activities, and that our culture had been reinvigorated by a much simpler and more efficient Wiley. I said then that we look forward with renewed confidence and optimism. I'm pleased to report that all of this is playing out in our solid performance indicators, colleague engagement scores, and in our financial results.

As I said in June, we have more work to do to realize our full potential, and that work will continue. But the leadership team and I are pleased with our momentum and progress as we enter the new fiscal year. Our Wiley colleagues around the world have done a terrific job getting our businesses on a successful track. I can't thank them enough for their hard work and dedication and their unwavering commitment to serving our customers with excellence.