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CDK Global Reports Higher Revenue

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CDK

CDK Global recently announced financial results for its fiscal 2018 third quarter, ended March 31, showing that revenues rose 4 percent.

“I’m pleased to report another quarter of margin expansion and double-digit earnings growth,” said Brian MacDonald, CEO of CDK. “As we continue making progress towards our transformation goals and adjusted EBITDA margin targets, we are also making a number of investments into the business to drive our growth strategy.  Those investments include ground-breaking innovations like our Drive Flex cloud-based DMS and the Fortellis Automotive Commerce Exchange. Both received strong interest from our customers at the recent National Automotive Dealer Association trade show.”

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