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Jan 31, 2022
Copart Q2 2022 Earnings Report
Copart's financial results increased in Q2 2022.
Key Takeaways
Copart reported a strong second quarter for fiscal year 2022, with revenue increasing by 40.6% and net income increasing by 48.6% compared to the same period last year. Fully diluted earnings per share increased by 46.9%.
Revenue increased by 40.6% to $867.5 million.
Gross profit increased by 31.2% to $403.3 million.
Net income increased by 48.6% to $287.4 million.
Fully diluted earnings per share increased by 46.9% to $1.19.
Copart
Copart
Forward Guidance
This press release contains forward-looking statements within the meaning of federal securities laws, including statements concerning the potential impact of the COVID-19 pandemic on our business, operations, and operating results.