No Dummies Here: Wiley Posts Modest Growth
John Wiley and Sons posted a growth in revenue of 1 percent and a nice 22 percent boost in profit for the second quarter of fiscal year 2011, the company reported today.
Wiley publishes a number of scientific and technical textbooks and journals but is perhaps best known in the lay world as publisher behind the “For Dummies” series.
Textbooks and scientific/technical journals offset a poor quarter for the company’s professional/trade division.
President/CEO William J. Pesce added that e-book sales for the past six months in the professional division more than doubled, bringing in $10 million.
While
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