China Distance Education Holdings Limited Raises Guidance for the First Quarter of 2014; Provides Earnings Guidance for the Full Year Fiscal 2014
February 12, 2014 at 11:31 am EST
China Distance Education Holdings Limited raised its guidance for the first quarter of 2014 and provided earnings guidance for the full year fiscal 2014. The Company anticipates first quarter fiscal 2014 revenue to be between $18.0 million and $18.5 million, higher than the previous guidance range of $15.8 million to $16.9 million.
The Company anticipates full year fiscal 2014 revenue to be between $88.5 million and $92.7 million, a 24% to 30% increase over full year fiscal 2013.