China Distance Education (DL) Tops Q1 EPS by 8c, Offers Q1 & FY Guidance

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China Distance Education Holdings Limited Reports First Quarter Fiscal Year 2016 Financial Results

February 24, 2016 5:00 PM EST

BEIJING, Feb. 24, 2016 /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 first quarter of fiscal year 2016 ended December 31, 2015.

First Quarter Fiscal 2016 Financial and Operational Highlights

Total course enrollments reached 1,192,000, an increase of 11.9% from the first quarter of fiscal 2015. Cash receipts from online course registration reached $26.7 million, a 32.7% increase from the first quarter of fiscal 2015. Excluding the impact of the recent... More