China Distance Education Holdings Limited Reports Financial Results for Fourth Quarter and Fiscal Year 2020
- Fourth Quarter 2020 Net Revenue was $65.5 Million, Exceeding Guidance -- Fourth Quarter 2020 Gross Profit was $36.7 Million, with Gross Margin of 56.0% -- Fourth Quarter 2020 Operating Income was $12.9 Million, with Operating Margin of 19.7% -- Fourth Quarter 2020 Net Income Attributable to CDEL was $4.9 Million, with Net Income Margin of 7.4% -
BEIJING, Dec. 16, 2020 /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 2020 ended September 30, 2020.