DealerTrack Holdings, Inc. Raises FY 2012 Guidance

DealerTrack Holdings, Inc. announced that for fiscal 2012, it expects revenue to be between $381.0-$385.0 million, GAAP net income to be between $24.5-$26.5 million and diluted GAAP net income per share to be between $0.55-$0.60. The Company expects non- GAAP adjusted EBITDA to be $96.0-$98.0 million, non-GAAP adjusted net income to be between $47.5-$49.5 million and diluted adjusted net income per share (EPS) to be $1.07-$1.12. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $380.1 million, EBITDA of $95.2 million, net income of $47.8 million and EPS of $1.07 for fiscal 2012.