China Distance Education (DL) Tops Q4 EPS by 10c, Offers Q1 & FY16 Guidance

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China Distance Education Holdings Limited Reports Financial Results for the Fourth Quarter and Fiscal Year 2015

November 11, 2015 5:00 PM EST

BEIJING, Nov. 11, 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 fourth quarter and fiscal year 2015 ended September 30, 2015.

Fourth Quarter Fiscal 2015 Financial and Operational Highlights

Total course enrollments reached 901,000, an increase of 2.4% from the fourth quarter of fiscal 2014. Cash receipts from online course registration reached $17.0 million, a 1.2% increase from the fourth quarter of fiscal 2014. Net revenue increased slightly by 0.8% to $35.6... More