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CDK Global Inc (CDK.OQ)

CDK.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

CDK Global Reports Fourth Quarter Adjusted Earnings Per Share $0.88
Wednesday, 14 Aug 2019 

Aug 13 (Reuters) - CDK Global Inc ::CDK GLOBAL REPORTS FOURTH QUARTER AND FISCAL 2019 RESULTS.QTRLY ADJUSTED EARNINGS PER SHARE $0.88.QTRLY LOSS PER SHARE $1.27.QTRLY REVENUES $488.6 MILLION, UP 10%.Q4 EARNINGS PER SHARE VIEW $0.92, REVENUE VIEW $585.2 MILLION -- REFINITIV IBES DATA.EXPECT LONG-TERM REVENUE TO GROW AT MID-SINGLE DIGIT RATES..OVER NEXT TWO TO THREE YEARS, EXPECT ADJUSTED EBITDA TO GROW AT LOW-SINGLE DIGIT RATES.LONGER TERM VIEW OF ADJUSTED EBITDA GROWTH IN HIGH-SINGLE TO LOW-DOUBLE DIGIT RATES..SEES 2020 REVENUES $2.00 BILLION - $2.05 BILLION.SEES 2020 ADJUSTED DILUTED NET EARNINGS ATTRIBUTABLE TO CDK PER SHARE $3.30 - $3.50.SEES 2020 DILUTED NET EARNINGS ATTRIBUTABLE TO CDK PER SHARE $2.80 - $3.00.FY2020 EARNINGS PER SHARE VIEW $4.11, REVENUE VIEW $2.39 BILLION -- REFINITIV IBES DATA.  Full Article

CDK Global Plans To Divest Digital Marketing Business
Friday, 28 Jun 2019 

June 27 (Reuters) - CDK Global Inc ::PRESS RELEASE - CDK GLOBAL ANNOUNCES PLAN TO DIVEST DIGITAL MARKETING BUSINESS.CDK GLOBAL ANNOUNCES PLAN TO DIVEST DIGITAL MARKETING BUSINESS.CDK GLOBAL INC - BEGINNING WITH Q4, DIGITAL MARKETING BUSINESS WILL BE PRESENTED AS DISCONTINUED OPERATIONS.CDK GLOBAL INC - ENGAGED ALLEN & COMPANY TO IDENTIFY POTENTIAL BUYERS AND EVALUATE PROPOSALS FOR DIGITAL MARKETING BUSINESS.  Full Article

CDK Global Announces Pricing Of Its $500,000,000 5.25% Senior Notes Due 2029
Friday, 3 May 2019 

May 2 (Reuters) - CDK Global Inc ::CDK GLOBAL ANNOUNCES PRICING OF ITS $500,000,000 5.25% SENIOR NOTES DUE 2029.CDK GLOBAL INC - NOTES PRICED AT AN ISSUE PRICE OF 100%.  Full Article

CDK Global Says Qtrly Adjusted Diluted Earnings Attributable To CDK Per Share Of $0.98
Tuesday, 30 Apr 2019 

April 30 (Reuters) - CDK Global Inc ::CDK GLOBAL REPORTS THIRD QUARTER FISCAL 2019 RESULTS.QTRLY GAAP DILUTED EARNINGS ATTRIBUTABLE TO CDK PER SHARE OF $0.80.QTRLY ADJUSTED DILUTED EARNINGS ATTRIBUTABLE TO CDK PER SHARE OF $0.98.CDK GLOBAL - QTRLY GAAP DILUTED EARNINGS ATTRIBUTABLE TO CDK PER SHARE INCREASE 8% TO $0.77 UNDER ASC 605.QTRLY ADJUSTED DILUTED EARNINGS ATTRIBUTABLE TO CDK PER SHARE INCREASE 9% TO $0.95 UNDER ASC 605.QTRLY REVENUES INCREASE 4% TO $600.7 MILLION UNDER ASC 605.Q3 EARNINGS PER SHARE VIEW $0.94, REVENUE VIEW $596.5 MILLION -- REFINITIV IBES DATA.CDK GLOBAL - TIGHTENED 2019 GAAP NET EARNINGS ATTRIBUTABLE TO CDK OUTLOOK RANGE TO $330 MILLION - $345 MILLION.TIGHTENED 2019 ADJUSTED EBITDA OUTLOOK RANGE TO $860 MILLION - $875 MILLION.FY2019 EARNINGS PER SHARE VIEW $3.76, REVENUE VIEW $2.33 BILLION -- REFINITIV IBES DATA.  Full Article

CDK Global Announces Entry Into An Accelerated Share Repurchase Agreement To Repurchase $260 Million Of Its Common Stock
Friday, 9 Nov 2018 

Nov 9 (Reuters) - CDK Global Inc ::CDK GLOBAL ANNOUNCES ENTRY INTO AN ACCELERATED SHARE REPURCHASE AGREEMENT TO REPURCHASE $260 MILLION OF ITS COMMON STOCK.CDK GLOBAL INC - TO PURCHASE $260 MILLION OF COMPANY'S COMMON STOCK..CDK GLOBAL INC - COMPANY WILL MAKE A $260 MILLION PAYMENT TO CREDIT SUISSE ON NOVEMBER 13, 2018.CDK GLOBAL INC - WILL RECEIVE FROM CREDIT SUISSE AN INITIAL DELIVERY OF APPROXIMATELY 4.1 MILLION SHARES OF COMPANY'S COMMON STOCK.  Full Article

CDK Global Reports Q3 GAAP Earnings Per Share $0.71
Thursday, 26 Apr 2018 

April 26 (Reuters) - CDK Global Inc ::CDK GLOBAL REPORTS THIRD QUARTER FISCAL 2018 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.85.Q3 GAAP EARNINGS PER SHARE $0.71.Q3 EARNINGS PER SHARE VIEW $0.84 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $3.23 TO $3.28.SEES FY 2018 GAAP EARNINGS PER SHARE $2.67 TO $2.72.QTRLY REVENUES UP 4% TO $576.6 MILLION.CDK GLOBAL - REDUCING CO'S REVENUE GUIDANCE FOR FISCAL YEAR 2018 TO 2.5% - 3.0% FROM 3.0% - 4.0%, PRIMARILY DUE TO LOWER EXPECTED ADVERTISING REVENUES.CDK GLOBAL - HAVE NARROWED CO'S GAAP EARNINGS PER SHARE OUTLOOK FOR FISCAL YEAR TO $2.67 - $2.72 ,MAINTAINED ADJUSTED EARNINGS PER SHARE OUTLOOK OF $3.23 - $3.28.CDK GLOBAL - EXPECT EBITDA MARGIN TO BE 35.5% - 36.0% IN FISCAL 2018, CONSISTENT WITH PRIOR GUIDANCE WHERE WE EXPECTED TO BE AT HIGH END OF 35.0% - 36.0% RANGE.Q3 EARNINGS PER SHARE VIEW $0.84, REVENUE VIEW $578.1 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

CDK Global & Auto/Mate To Terminate Planned Transaction
Tuesday, 20 Mar 2018 

March 20 (Reuters) - CDK Global Inc ::CDK GLOBAL & AUTO/MATE TO TERMINATE PLANNED TRANSACTION.CDK GLOBAL INC - UNDER TERMS OF ORIGINAL AGREEMENT, THERE IS NO TERMINATION FEE.CDK GLOBAL INC - FTC NOTIFIED PARTIES OF OPPOSITION TO PROPOSED DEAL, LEADING TO DECISION TO TERMINATE​.  Full Article

CDK Global increases regular quarterly cash dividend
Thursday, 16 Nov 2017 

Nov 15 (Reuters) - CDK Global Inc :CDK Global increases regular quarterly cash dividend.Cdk Global Inc - ‍approved a $0.01 increase in quarterly cash dividend to an annual rate of $0.60 per share​.  Full Article

CDK Global says Q1 GAAP earnings per share $0.57
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - CDK Global Inc -:CDK Global reports first quarter fiscal 2018 results.Q1 adjusted earnings per share $0.68.Q1 GAAP earnings per share $0.57.Q1 earnings per share view $0.67 -- Thomson Reuters I/B/E/S.Sees FY 2018 adjusted earnings per share $2.95 to $3.00.Sees FY 2018 GAAP earnings per share $2.37 to $2.47.CDK Global Inc sees ‍ fiscal 2018 GAAP revenues up 3.0% - 4.0%​.Qtrly ‍revenues up 3% to $565.7 million year-over-year.FY2018 earnings per share view $2.96, revenue view $2.31 billion -- Thomson Reuters I/B/E/S.Q1 revenue view $569.3 million -- Thomson Reuters I/B/E/S.  Full Article

CDK Global acquires Dashboard Dealership Enterprises
Friday, 27 Oct 2017 

Oct 26 (Reuters) - CDK Global Inc :CDK Global acquires Dashboard Dealership Enterprises.CDK Global Inc - ‍as part of acquisition, DDE CEO Josh Blick and COO William Page III will join CDK​.  Full Article

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Hyundai dealers to offer customers Lyft rides through CDK app

Hyundai dealers in the United States will offer Lyft Inc rides to customers getting their vehicles serviced at dealerships, the companies said on Tuesday, the latest in a string of partnerships by the ride services company.