CDK Global, Inc. (NASDAQ:CDK) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
CDK Global, Inc. ExhibitEX-99.1 2 exh_991.htm PRESS RELEASE EdgarFilingEXHIBIT 99.1CDK Global Reports Fourth Quarter and Fiscal 2018 Results; Provides Fiscal 2019 Guidance and Long-Term Growth Outlook Fourth Quarter Highlights: GAAP earnings per share rise 83% to $0.75; adjusted earnings per share rise 38% to $0.87GAAP net earnings attributable to CDK margin expands 710 bps to 17.5%; adjusted EBITDA margin expands 450 bps to 36.8%Revenues rise 1% Full Year Highlights: GAAP earnings per share rise 40% to $2.78,…To view the full exhibit click
About CDK Global, Inc. (NASDAQ:CDK)
CDK Global, Inc. provides integrated information technology and digital marketing solutions. The Company’s segments include Retail Solutions North America, Advertising North America and CDK International. Through its Retail Solutions North America segment, the Company provides technology-based solutions, including automotive Website platforms, that help automotive retailers, original equipment manufacturers (OEMs) and other industry participants manage the acquisition, sale, financing, insuring, parts supply, repair and maintenance of vehicles. Through its Advertising North America segment, the Company provides advertising solutions, including management of digital advertising spend, for OEMs and automotive retailers. As of June 30, 2016, through its CDK International segment, it provided technology-based solutions similar to the retail solutions provided in its Retail Solutions North America segment in approximately 100 countries outside of the United States and Canada.