CDK Global (CDK) Tops Q3 EPS by 1c

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CDK Global Reports Third Quarter Fiscal 2018 Results

April 26, 2018 7:30 AM EDT

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:

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