John Wiley & Sons stumbles after Q1 results
Shares of edutech firm John Wiley & Sons Inc WLY.N down about 6% to $37.32
Co posts Q1 revenue of $396.8 mln, down from $403.8 mln last year
WLY's Q1 learning revenue fell 8% at constant currency to $115.1 mln, mainly due to lower AI licensing and softness in professional markets
However, co reaffirms fiscal 2026 outlook
YTD, the stock has fallen ~9%, including session's moves
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