CDK Global Reports Third Quarter Fiscal 2018 Results
CDK Global, Inc. (CDK)
Last cdk global, inc. earnings: 2/4 04:01 pm
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US:NASDAQ Investor Relations:
investors.cdkglobal.com/investor-overview
Company Research
Source: GlobeNewswire
Third quarter revenues rise 4%, 2% on a constant currency basisGAAP net earnings attributable to CDK margin expands 280 bps to 16.7%, adjusted EBITDA margin expands 400 bps to 36.5%GAAP earnings per share rise 34% to $0.71, adjusted earnings per share rise 27% to $0.85Lowers full year revenue guidance to 2.5% - 3.0% from 3.0% - 4.0% HOFFMAN ESTATES, Ill., April 26, 2018 (GLOBE NEWSWIRE) -- CDK Global, Inc. (Nasdaq:CDK) today announced financial results for its fiscal 2018 third quarter, ended March 31, 2018. Third Quarter Fiscal 2018 Results Year-over-year highlights are below: Third Quarter Fiscal 2018 Results GAAP AdjustedRevenues up 4% to $576.6 million up 4% to $576.6 millionEarnings before income taxes up 22% to $135.0 million up 12% to $166.8 millionNet earnings attributable to CDK up 24% to $96.1 million up 17% to $115.5 millionDiluted net earnings attributable to CDK per share up 34% to $0.71 per share up 27% to $0.85 per shareMargin Net earnings attributable
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