Q3 2020 John Wiley & Sons Inc Earnings Call Transcript
Good morning, and welcome to the Wiley's Third Quarter Fiscal Year 2020 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.
Good morning, and welcome to Wiley's Third Quarter Fiscal 2020 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 measures, which generally exclude items that impact comparability, comprise the following: adjusted EPS, free cash flow less product development spending,
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