China Distance Education (DL) Reports Q4 EPS of $0.38
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China Distance Education Holdings Limited Reports Financial Results for Fourth Quarter and Fiscal Year 2018
November 20, 2018 5:00 PM ESTBEIJING, Nov. 20, 2018 /PRNewswire/ -- China Distance Education Holdings Limited (NYSE: DL) ("CDEL", or the "Company"), a leading provider of online education and value-added services for professionals and corporate clients in China, today announced unaudited financial results for the fourth quarter and fiscal year 2018 ended September 30, 2018.
Fourth Quarter Fiscal 2018 Financial and Operational Highlights
Net revenue increased by 28.6% to $53.6 million from $41.7 million in the prior year period. Total course enrollments were 805,500, a decrease of 2.9% from the fourth quarter of fiscal 2017. Cash receipts from online course registration... More