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0 0.0216508795669824 0.0419485791610284 0.0419485791610284 0.0419485791610284 0.0419485791610284 0.0419485791610284 0.0419485791610284
Stock impact report

China Distance Education Holdings Limited Reports Financial Results for Fourth Quarter and Fiscal Year 2019

CHINA DISTANCE EDUCATION (DL) 
Last china distance education earnings: 3/17 06:00 pm Check Earnings Report
US:NYSE Investor Relations: ir.cdeledu.com
Company Research Source: PR Newswire
BEIJING, Nov. 19, 2019 /PRNewswire/ -- China Distance Education Holdings Limited (NYSE: DL) ("CDEL", or the "Company"), a leading provider of online education and value-added services for professionals and corporate clients in China, today announced unaudited financial results for the fourth quarter and fiscal year 2019 ended September 30, 2019.Fourth Quarter Fiscal 2019 Financial and Operational HighlightsNet revenue increased by 28.1% to $68.7 million from $53.6 million in the prior year period. Total course enrollments were 1,132,300, an increase of 40.6% from the fourth quarter of fiscal 2018. Cash receipts from online course registration were $43.8 million, a 21.6% increase from the fourth quarter of fiscal 2018. Gross profit increased by 58.5% to $43.4 million from $27.4 million in the prior year period. Non-GAAP1 gross profit increased by 58.2% to $43.4 million from $27.4 million in the prior year period. Gross margin was 63.2%, compared with 51.1% in the prior year period. Non Show less Read more
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