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Technology Stocks : LKQ Corporation (LKQX)

LKQ 30.26

+0.9%

9:30 AM EST

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From: JakeStraw	10/30/2014 7:59:28 AM
	of 22

LKQ Corporation Announces Results for Third Quarter 2014 finance.yahoo.com Revenue growth of 32.6% to a quarterly record of $1.72 billion Diluted EPS of $0.30 ($0.31, as adjusted) Net income growth of 24.6% to $91.5 million Organic revenue growth for parts and services of 8.9% "We are pleased with our financial and operational performance in the quarter," stated Robert Wagman, President and Chief Executive Officer of LKQ Corporation. "We are particularly pleased to see the Company deliver organic revenue growth for parts and services of 8.9% and our North American segment report strong organic revenue growth of 6.7% for parts and services." On a nine month year-to-date basis, revenue was $5.06 billion, an increase of 35.0% from $3.75 billion for the comparable period of 2013. Parts and services organic revenue growth for the first nine months of 2014 was 9.1%. Net income for the first nine months of 2014 was $301.1 million, as compared to $233.8 million for the first nine months of 2013. Diluted earnings per share was $0.98 for the first nine months of 2014, as compared to $0.77 for the comparable period of 2013.

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