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 Mln
Full year revenue guidance: $202.4 - $205.8 Mln
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