China Distance Education Reports Q1 EPS of $0.00 vs. $(0.05)

China Distance Education Holdings Limited DL reported today its unaudited financial results for the first quarter of fiscal year 2011 ended December 31, 2010. Net revenues increased 40.0% over the first quarter of fiscal 2010 to US$7.8 million. Basic and diluted non-GAAP net income per ADS excluding share-based compensation charge and the write-off of purchased call option for acquisition of additional equity interest in Champion Xinlixiang were US$0.004, compared to basic and diluted non-GAAP.