John Wiley & Sons, Inc. (WLY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Wiley's first quarter fiscal 2026 earnings call. As a reminder, this conference is being recorded. After the speaker's remarks, we will conduct a question and answer session. To ask a question at this time, you'll need to press star followed by the number one on your telephone keypad. At this time, I'd like to introduce Wiley's Vice President of Investor Relations, Brian Campbell. Please go ahead. Hello, and thank you all for joining us. On the call with me are Matt Kistner, President and CEO, Craig Albright, Executive Vice President and CFO, and Jay Flynn, Executive Vice President and General Manager of Research and 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. 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'll refer to non-GAAP metrics on the call, and variances are on a year-over-year basis and will exclude defected assets and the impact of currency. Additional information is included in our filings of the SEC. A copy of this presentation transcript will be available on our investor relations website at investors.wiley.com. I'll now turn the call over to Matt Kistner. Good morning and welcome to our first quarter earnings update. I hope you had a nice and restful summer. Before we discuss our...