China Distance: Fiscal 2Q Earnings Snapshot
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.