Outlook
For the fourth quarter of fiscal 2020, the Company expects to generate total net revenue in the range of $58.4 million to $61.8 million, representing
year-over-year decline of approximately 15% to 10%, respectively.
For fiscal year 2020, the Company expects to generate total net revenue in the range of
$202.4 million to $205.8 million, representing year-over-year decline of approximately 4.4% to 2.8%, respectively.
The above guidance reflects
the Companys current and preliminary view, which is subject to change, particularly in consideration of uncertainties related to the impact of COVID-19, including the postponement of certain professional
examinations, the schedule of reopening of schools, and the schedule of resumption of provision of offline training courses, among others.
Conference
Call
Management will hold a conference call at 8:00 a.m. Eastern Time on Thursday, August 27, 2020 (8:00 p.m. Beijing Time on Thursday,
August 27, 2020) to discuss financial results and answer questions from investors and analysts. Details for the conference call are as follows:
|
|
|
Event Title: |
|
China Distance Education Holdings Limited Third Quarter of Fiscal Year 2020 Earnings Conference Call |
Conference ID: |
|
9952634 |
Registration Link: |
|
http://apac.directeventreg.com/registration/event/9952634 |
All participants must use the link provided above to complete the online registration process at least 20 minutes in advance
of the conference call. Upon registering, each participant will receive a participant dial-in number, Direct Event passcode, and a unique registrant ID, which will be used to join the conference call.
A telephone replay will be available two hours after the call until September 3, 2020 by dialing:
US Toll Free: +1-855-452-5696
International: +61-2-8199-0299
Mainland China: 400-632-2162
Hong Kong, China: 800-963-117
United Kingdom: 0808-234-0072
Replay Passcode: 9952634
Additionally, a live and archived
webcast of the conference call will be available at http://ir.cdeledu.com.
About China Distance Education Holdings Limited
China Distance Education Holdings Limited is a leading provider of online education and value-added services for professionals and corporate clients in China.
The courses offered by the Company through its websites are designed to help professionals seeking to obtain and
6