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Jan 31, 2021
Copart Q2 2021 Earnings Report
Copart's financial performance increased in the second quarter of fiscal year 2021.
Key Takeaways
Copart reported an increase in revenue, gross profit, and net income for the quarter ended January 31, 2021, compared to the same period last year. Revenue increased by 7.3%, gross profit increased by 18.3%, and net income increased by 14.7%.
Revenue increased by $41.9 million, or 7.3%, compared to the same period last year.
Gross profit increased by $47.6 million, or 18.3%, compared to the same period last year.
Net income increased by $24.7 million, or 14.7%, compared to the same period last year.
Fully diluted earnings per share increased by 14.1% to $0.81 compared to $0.71 last year.
Copart
Copart
Forward Guidance
No specific forward guidance was provided in the release.