BEIJING (dpa-AFX) - China Distance Education Holdings Ltd. (DL) released a profit for its first quarter that rose from the same period last year.
The company's bottom line came in at $1.91 million, or $0.014 per share. This compares with $0.09 million, or $0.001 per share, in last year's first quarter.
Excluding items, China Distance Education Holdings Ltd. reported adjusted earnings of $2.42 million or $0.073 per share for the period.
The company's revenue for the quarter rose 18.8% to $42.62 million from $35.88 million last year.
China Distance Education Holdings Ltd. earnings at a glance:
-Earnings (Q1): $2.42 Mln. vs. $0.60 Mln. last year. -EPS (Q1): $0.073 vs. $0.018 last year. -Revenue (Q1): $42.62 Mln vs. $35.88 Mln last year.
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