AP NEWS

China Distance: Fiscal 2Q Earnings Snapshot

May 21, 2020 GMT

BEIJING (AP) _ China Distance Education Holdings Ltd. (DL) on Thursday reported fiscal second-quarter net income of $4.3 million, after reporting a loss in the same period a year earlier.

The Beijing-based company said it had net income of 13 cents per share.

The online education company posted revenue of $41.9 million in the period.

China Distance shares have dropped 14% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $6.98, a climb of 16% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DL at https://www.zacks.com/ap/DL