China Distance Education (DL) Tops Q2 EPS by 1c; Offers Q2, FY16 Outlook
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China Distance Education Holdings Limited Reports Second Quarter Fiscal Year 2016 Financial Results
May 24, 2016 5:00 PM EDTBEIJING, May 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 second quarter fiscal year 2016 ended March 31, 2016.
Second Quarter Fiscal 2016 Financial and Operational Highlights
Total course enrollments reached 593,000, an increase of 14.9% from the second quarter of fiscal 2015. Cash receipts from online course registration were $28.1 million, a 1.8% decrease from the second quarter of fiscal 2015. Excluding the impact of the depreciation of the Renminbi... More