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China Distance Education Holdings Ltd (DL.N)

DL.N on New York Stock Exchange

10.26USD
24 Apr 2017
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Latest Key Developments (Source: Significant Developments)

China Distance Education Holdings announces restructuring of Zhengbao Yucai
Friday, 31 Mar 2017 04:05pm EDT 

China Distance Education Holdings Ltd : China Distance Education Holdings Limited announces restructuring of Zhengbao Yucai . China Distance Education Holdings Ltd says restructuring is an all-cash transaction . China Distance Education - Agreement to sell 80% equity interest in Xiamen Netinnet Software to Beijing Zhengbao Yucai for RMB221 million . China Distance Education - Board appointed special committee composed solely of independent directors to evaluate and review key terms of restructuring .China Distance Education - Board authorized special committee to retain legal counsel and financial advisor to advise special committee on proposed restructuring.  Full Article

China Distance Education Holdings Limited announces Zhengbao Yucai has completed its share issuance plan on China's new third board
Thursday, 2 Mar 2017 07:00am EST 

China Distance Education Holdings Ltd :China Distance Education Holdings Limited announces Zhengbao Yucai has completed its share issuance plan on China's new third board.  Full Article

China Distance Education Holdings reports financial results for Q1 fiscal year 2017
Tuesday, 21 Feb 2017 05:00pm EST 

China Distance Education Holdings Ltd : China Distance Education Holdings reports financial results for first quarter fiscal year 2017 . Q1 revenue rose 31.2 percent to $32 million . Sees Q2 2017 revenue $21.7 million to $22.9 million . Qtrly total course enrollments reached 1,293,000, an increase of 8.5 pct from Q1 of fiscal 2016 . Qtrly diluted net income per american depositary share $0.259 .Qtrly diluted non-GAAP net income per ads $0.275.  Full Article

China Distance Education revises share issuance plan by unit
Thursday, 8 Dec 2016 08:58am EST 

China Distance Education Holdings Ltd : China Distance Education Holdings Limited announces a revised share issuance plan by its subsidiary Zhengbao Yucai on china's new third board .China distance education holdings ltd - Zhengbao Yucai will issue no more than 41.9 million common shares at a price of RMB 1.99.  Full Article

China Distance Education Holdings Reports Financial Results for Q4 and Fiscal Year 2016
Tuesday, 29 Nov 2016 05:00pm EST 

China Distance Education Holdings Ltd : China Distance Education Holdings Limited reports financial results for fourth quarter and fiscal year 2016 . Sees Q1 2017 revenue up about 15 to 20 percent . Q4 revenue rose 7.5 percent to $38.2 million . Sees Q1 2017 revenue $28 million to $29.2 million . Qtrly net income per American depositary share $0.369 . Qtrly non-GAAP net income per ads $0.385 .Declared a special cash dividend of $0.1125 per ordinary share on its outstanding shares.  Full Article

China Distance Education Holdings reports qtrly net income/ADS of $0.218
Tuesday, 23 Aug 2016 05:00pm EDT 

China Distance Education Holdings Ltd : China Distance Education Holdings Limited reports third quarter fiscal 2016 financial results . Q3 revenue rose 7 percent to $30.8 million . Sees Q4 2016 revenue $35.6 million to $37.4 million . Sees FY 2016 revenue up about 6.2 to 7.8 percent . Sees FY 2016 revenue $114.8 million to $116.6 million . Qtrly earnings per share $0.055 . China Distance Education Holdings Ltd says qtrly net income per American Depositary Share $0.218 .Qtrly non-gaap net income per ADS $0.233.  Full Article

China Distance Education qtrly net income per ADS $0.073
Tuesday, 24 May 2016 05:00pm EDT 

China Distance Education Holdings Ltd : Qtrly adjusted diluted net income per american depositary share $0.087 . China Distance Education Holdings Limited reports second quarter fiscal year 2016 financial results . Q2 revenue $24.1 million versus I/B/E/S view $24.6 million . Sees Q3 2016 revenue $27.3 million to $28.8 million . Sees FY 2016 revenue up about 0 to 5 percent . Sees FY 2016 revenue $108.2 million to $113.6 million . Qtrly basic and diluted net income per american depositary share ("ADS") were $0.073 . Sees Q3 revenue to decline primarily due to a late start to enrollment season for our national pharmacist test preparation courses .Net revenue from online education services was $19.0 million in Q2 of fiscal 2016, up 12.2 percent.  Full Article

China Distance Education Holdings Limited Signs Definitive Agreement to Acquire Xiamen NetinNet
Monday, 28 Mar 2016 07:00am EDT 

China Distance Education Holdings Ltd:Says that it signed a definitive agreement on March 23, 2016 to acquire an 80% equity interest in Xiamen NetinNet Software Co., Ltd. for a total consideration of RMB212 million (US$32.6 million).Xiamen NetinNet is a leading learning simulation software provider specializing in practical accounting-related learning solutions for China's college market.The acquisition is an all-cash transaction, and is expected to close in CDEL's third quarter of fiscal 2016, subject to the satisfaction of customary closing conditions.While Xiamen NetinNet is profitable, CDEL expects transaction to be dilutive to FY 2016 financial results, due to seasonality of Xiamen NetinNet's business and amortization of intangibles attributable to the acquisition, yet slightly accretive to Co's fiscal 2017 financial results.  Full Article

China Distance Education Holdings Ltd gives Q1, FY 2016 revenue guidance
Wednesday, 11 Nov 2015 05:00pm EST 

China Distance Education Holdings Ltd:Says for FY 2016 fiscal year, co expects to generate total net revenue in the range of $124.4 million to $129.8 million.Says for Q1 2016, the Company expects to generate total net revenue in the range of $21.5 million to $22.6 million.  Full Article

China Distance Education Holdings Ltd gives Q4 2015 revenue guidance below analysts' estimates; lowers FY 2015 revenue guidance
Tuesday, 18 Aug 2015 05:00pm EDT 

China Distance Education Holdings Ltd:Expects Q4 2015 to generate total net revenue in the range of $35.3 million to $37.0 million, representing year-over-year growth of approximately 0% to 5%.Expects FY 2015 to generate total net revenue in the range of $107.8 million to $109.6 million, representing year-over-year growth of approximately 11% to 13%.Says prior FY 2015 total net revenue guidance range was $116.6 million to $121.5 million.Q4 2015 revenue of $45.2 million - Thomson Reuters I/B/E/S.FY 2015 revenue of $117.6 million - Thomson Reuters I/B/E/S.  Full Article

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