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Jan 31, 2024
Copart Q2 2024 Earnings Report
Copart's financial performance for Q2 2024 showed revenue, gross profit, and net income increases compared to the same period last year.
Key Takeaways
Copart's Q2 2024 financial results revealed an increase in revenue, gross profit, and net income, marking a positive trajectory compared to the previous year. The company reported revenue of $1.02 billion, gross profit of $464.2 million, and net income of $325.6 million.
Revenue increased by 6.6% compared to the same period last year.
Gross profit increased by 8.8% compared to the same period last year.
Net income attributable to Copart Inc. increased by 10.9% compared to the same period last year.
Fully diluted earnings per share increased by 10.0% compared to last year.
Copart
Copart
Forward Guidance
No specific forward guidance was provided in the press release.