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Provider: Thomson Reuters Stock Report
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Provider: ValuEngine, Inc.
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China Distance Education Holdings Ltd Issues Q4 2013 Revenue Guidance Above Analysts' Estimates; Raises FY 2013 Revenue Guidance


Tuesday, 20 Aug 2013 04:01pm EDT 

China Distance Education Holdings Ltd announced that for the fourth quarter of fiscal 2013, the Company estimates total net revenue from continuing operations in the range of $23.5-$24.0 million, representing year-over-year growth of approximately 40%-43%. For fiscal 2013, the Company is raising its guidance of total net revenue from continuing operations to a range of $67.8 million - $68.3 million, representing year-over-year growth of approximately 30%-31%. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $23.04 million for the fourth quarter of 2013 and revenues of $66.06 million for fiscal 2013. 

Company Quote

15.98
-0.4 -2.44%
4:02pm EDT