BEIJING (AP) _ China Distance Education Holdings Ltd. (DL) on Wednesday reported fiscal third-quarter net income of $3 million.
The Beijing-based company said it had net income of 9 cents per share.
The online education company posted revenue of $50.7 million in the period.
For the current quarter ending in September, China Distance said it expects revenue in the range of $58.4 million to $61.8 million.
The company expects full-year revenue in the range of $202.4 million to $205.8 million.
China Distance shares have increased 11% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $9, more than doubling in the last 12 months.