CDK Global (CDK) Tops Q4 EPS by 3c
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CDK Global Reports Strong Fiscal 2016 Results; Provides Fiscal 2017 Guidance along with 2018 and 2019 Targets
August 3, 2016 7:30 AM EDTHOFFMAN ESTATES, Ill., Aug. 03, 2016 (GLOBE NEWSWIRE) -- CDK Global, Inc. (Nasdaq: CDK) today announced its fiscal 2016 financial results, its earnings outlook for fiscal 2017, and financial targets for fiscal 2018 and 2019.
Highlights
Fiscal year
Fiscal 2016 GAAP net earnings attributable to CDK margin expansion of 270 bps to 11.3%; adjusted EBITDA margin expansion of 370 bps to 26.6%Fiscal 2016 growth in GAAP diluted net earnings attributable to CDK per share of 37% to $1.51 per share; growth in adjusted diluted net earnings... More