China Distance Education (DL) Reports Q4 EPS of $0.218; Offers FY18 Revenue Above Consensus

November 28, 2017 5:06 PM

China Distance Education (NYSE: DL) reported Q4 EPS of $0.218.

Outlook

For the first quarter of fiscal 2018, the Company expects to generate total net revenue in the range of $33.6 million to $35.2 million, representing year-over-year growth of approximately 5% to 10%.

For fiscal year 2018, the Company expects to generate total net revenues in the range of $150.6 million to $157.2 million, representing year-over-year growth of approximately 15% to 20%.

The above guidance reflects the Company's current and preliminary view, which is subject to change.

Fourth Quarter Fiscal 2017 Financial and Operational Highlights

GUIDANCE:

China Distance Education sees FY2018 revenue of $150.6-157.2 million, versus the consensus of $139.72 million.

For earnings history and earnings-related data on China Distance Education (DL) click here.

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