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China Distance Education Holdings Ltd. (DL) reported earnings for third quarter that decreased from last year.


RTTNews | Aug 26, 2020 06:09PM EDT

18:08 Wednesday, August 26, 2020 (RTTNews.com) - China Distance Education Holdings Ltd. (DL) reported earnings for third quarter that decreased from last year.

The company's bottom line came in at $3.02 million, or $0.022 per share. This compares with $9.45 million, or $0.070 per share, in last year's third quarter.

The company's revenue for the quarter fell 17.9% to $50.71 million from $61.75 million last year.

China Distance Education Holdings Ltd. earnings at a glance:

-Earnings (Q3): $3.02 Mln. vs. $9.45 Mln. last year.-EPS (Q3): $0.022 vs. $0.070 last year.-Revenue (Q3): $50.71 Mln vs. $61.75 Mln last year.

-Guidance:Next quarter revenue guidance: $58.4 - $61.8 MlnFull year revenue guidance: $202.4 - $205.8 Mln

Read the original article on RTTNews ( https://www.rttnews.com/3124110/china-distance-education-holdings-ltd-reveals-decline-in-q3-bottom-line.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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