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China Distance Education (DL) Tops Q2 EPS by 2c, Lowers FY Revenue Guidance

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China Distance Education Holdings Limited Reports Financial Results for the Second Quarter of Fiscal 2015

May 19, 2015 5:00 PM EDT

BEIJING, May 19, 2015 /PRNewswire/ -- China Distance Education Holdings Limited (NYSE: DL) ("CDEL", or the "Company"), a leading provider of online education in China focusing on professional education, today announced unaudited financial results for the second quarter of fiscal 2015 ended March 31, 2015.

Second Quarter Fiscal 2015 Financial and Operational Highlights

Total course enrollments reached 516,000 in the second quarter of fiscal 2015, an increase of 4.6% from the second quarter of fiscal 2014. Cash receipts from online course registration increased by 16.2% to $28.6 million from the second quarter of fiscal 2014. Net... More