CDK Global Reports First Quarter Fiscal 2019 Results

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CDK Global (CDK) Tops Q1 EPS by 3c, Slight Beat on Revenues; Raises FY19 Revenue Guidance

November 7, 2018 7:38 AM EST

*Used ASC 605 Reporting Figures

CDK Global (NASDAQ: CDK) reported Q1 EPS of $0.91*, $0.03 better than the analyst estimate of $0.88. Revenue for the quarter came in at $565.9* million versus the consensus estimate of $565.13 million.

ASC 606

Revenues of $554.5 millionGAAP net earnings attributable to CDK margin of 16.3%... More