China Distance Education (NYSE: DL) reported Q2 EPS of ($0.08). Revenue for the quarter came in at $29.7 million.

Second Quarter Fiscal 2018 Financial and Operational Highlights

• Net revenue increased by 36.1% to $29.7 million from $21.9 million in the prior year period.
• Total course enrollments were 589,000, a decrease of 9.4% from the second quarter of fiscal 2017.
• Cash receipts from online course registration were $43.9 million, a 25.4% increase from the second quarter of fiscal 2017.
• Gross profit increased by 10.0% to $11.1 million from $10.1 million in the prior year period.
• Non-GAAP[1] gross profit increased by 9.8% to $11.1 million from $10.1 million in the prior year period.
• Gross margin was 37.2%, compared with 46.0% in the prior year period. Non-GAAP1 gross margin was 37.3%, compared with 46.2% in the prior year period.
• Operating loss increased to $2.9 million from $2.1 million in the prior year period.
• Non-GAAP[1] operating loss increased to $2.4 million from $1.6 million in the prior year period.
• Net loss was $3.3 million, compared with net loss of $2.4 million in the prior year period.
• Non-GAAP[1] net loss was $2.7 million compared with non-GAAP net loss of $1.9 million in the prior year period.
• Basic and diluted net loss per American Depositary Share (\"ADS\") were $0.098, compared with basic and diluted net loss per ADS of $0.073, for the second quarter of fiscal 2017. Each ADS represents four ordinary shares.
• Basic and diluted non-GAAP[1] net loss per ADS were $0.082, compared with basic and diluted non-GAAP[1] net loss per ADS of $0.059, for the second quarter of fiscal 2017.
• Cash flow from operations decreased by 36.1% to $7.2 million from $11.3 million in the second quarter of fiscal 2017.

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