China Distance: Fiscal 4Q Earnings Snapshot

November 19, 2019 GMT

BEIJING (AP) _ China Distance Education Holdings Ltd. (DL) on Tuesday reported fiscal fourth-quarter earnings of $13.8 million.

On a per-share basis, the Beijing-based company said it had net income of 41 cents.

The online education company posted revenue of $68.7 million in the period.

For the year, the company reported profit of $21.3 million, or 63 cents per share. Revenue was reported as $211.8 million.

For the current quarter ending in January, China Distance said it expects revenue in the range of $51.1 million to $53.3 million.

The company expects full-year revenue in the range of $254.2 million to $264.8 million.

China Distance shares have climbed nearly 8% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $7.22, a decrease of slightly more than 8% in the last 12 months.


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