CDK Global (CDK) Tops Q2 EPS by 8c, Offers FY Guidance
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CDK Global Reports Second Quarter Fiscal 2019 Results
February 5, 2019 7:30 AM ESTASC 606 Second Quarter Results
Revenues of $590.4 millionGAAP net earnings attributable to CDK of $89.0 million and adjusted EBITDA of $222.2 millionGAAP diluted earnings attributable to CDK per share of $0.70 and adjusted diluted earnings attributable to CDK per share of $0.98Maintains adjusted guidance ranges; expects to be at the higher end of the adjusted earnings per share rangeASC 605 Second Quarter Results
Revenues rise 7% to $600.5 millionGAAP net earnings attributable to CDK decline 10% to $93.9 million and adjusted EBITDA increases 12% to $228.7 millionGAAP diluted... More