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.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DL at https://www.zacks.com/ap/DL

Automated Insights, source Associated Press News