CDK Global (CDK) Reports In-Line Q4 EPS; Issues FY16 Outlook

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CDK Reports Fiscal 2015 Results; Provides Fiscal 2016 Guidance

July 29, 2015 7:30 AM EDT

For the Year, Revenues Rise 4%; Adjusted Revenues Rise 6%, 8% on a Constant Currency Basis

GAAP Net Earnings Decline 22%; Adjusted Net Earnings Increase 16%

Forecasting Fiscal 2016 Adjusted Revenue Growth of 4% to 5%

Forecasting Fiscal 2016 Adjusted Net Earnings Growth of Over 25%

HOFFMAN ESTATES, Ill., July 29, 2015 (GLOBE NEWSWIRE) -- CDK Global, Inc. (Nasdaq: CDK) today announced its fiscal 2015 financial results and provided its initial outlook for fiscal 2016. Highlights are below:

Fiscal 2015 Results As Reported As Adjusted... More