CDK Global (CDK) Tops Q3 EPS by 1c; Increase Outlook

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CDK Global Reports Third Quarter Fiscal 2016 Results

May 5, 2016 7:31 AM EDT

GAAP Revenues Rise 2%; Adjusted Revenues Rise 5%, 6% on a Constant Currency Basis

GAAP Net Earnings Decrease 4%; Adjusted Net Earnings Increase 23%

Increases Fiscal 2016 Earnings Forecast;

Adjusted Revenues to Rise 4% to 5%; Adjusted Net Earnings to Grow 27% to 28%

Will Provide Additional Detail on Transformation Plan on Earnings Call

HOFFMAN ESTATES, Ill., May 05, 2016 (GLOBE NEWSWIRE) -- CDK Global, Inc. (Nasdaq: CDK) today announced its third quarter fiscal 2016 financial... More