Reports organic revenue growth for parts and services of 4.3 percent, announces $500 million stock repurchase program.
LKQ Corporation (NASDAQ:LKQ) today reported record revenue for the third quarter of 2018 of $3.12 billion, an increase of 26.6 percent as compared to $2.47 billion in the third quarter of 2017. For the third quarter of 2018, parts and services organic revenue growth was 4.3 percent and acquisition revenue growth was 23.2 percent, while the impact of exchange rates was (0.6 percent), for total parts and services revenue growth of 26.9 percent.
Net income for the third quarter of 2018 was $134
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