China Distance Education (DL) Tops Q3 EPS by 11c; Guides Q4, FY16
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China Distance Education Holdings Limited Reports Third Quarter Fiscal 2016 Financial Results
August 23, 2016 5:00 PM EDTBEIJING, Aug. 23, 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 third quarter fiscal year 2016 ended June 30, 2016.
Third Quarter Fiscal 2016 Financial and Operational Highlights
Total course enrollments reached 956,000, an increase of 12.5% from the third quarter of fiscal 2015. Cash receipts from online course registration were $24.3 million, a 15.2% decrease from the third quarter of fiscal 2015. Excluding the impact of the depreciation of the Renminbi... More