China Distance Education (DL) Reports Q1 EPS of $0.07

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China Distance Education Holdings Limited Reports Financial Results for First Quarter Fiscal Year 2019

March 6, 2019 5:00 PM EST

BEIJING, March 6, 2019 /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 first quarter of fiscal year 2019 ended December 31, 2018.

First Quarter Fiscal 2019 Financial and Operational Highlights

Net revenue increased by 18.8% to $42.6 million from $35.9 million in the prior year period. Total course enrollments were 1,284,000, an increase of 4.6% from the first quarter of fiscal 2018. Cash receipts from online course registration were... More