John Wiley & Sons Inc (BSP:J2WA34)

R$ 49.23 0 (0%) Market Cap: 13.36 Bil Enterprise Value: 19.01 Bil PE Ratio: 0 PB Ratio: 3.97 GF Score: 66/100

Q4 2019 John Wiley & Sons Inc Earnings Call Transcript

Jun 11, 2019 / 02:00PM GMT

Transcript 8-K

Operator

Good morning, and welcome to Wiley's Fourth Quarter and Fiscal Year 2019 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

John Wiley & Sons, Inc. - VP, IR

Hello, everyone, and welcome to Wiley's Fourth Quarter and Fiscal 2019 Earnings Update. A few reminders to start. First, the call is being recorded and may include forward-looking statements. You shouldn't rely on these statements as actual results may differ materially and are subject to factors discussed in our SEC filings. The company does not undertake any obligations to update or revise forward-looking statements to reflect subsequent events or circumstances.

Second, Wiley provides non-GAAP measures as a supplement to evaluate underlying operating profitability and performance trends. Non-GAAP metrics, which generally exclude items that impact comparability, comprise the following: adjusted EPS, free cash flow less product development spending,

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