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Apr 30, 2023
Copart Q3 2023 Earnings Report
Copart reported an increase in revenue, gross profit, and net income compared to the same period last year.
Key Takeaways
Copart's Q3 2023 financial results revealed an 8.7% increase in revenue, a 10.8% increase in gross profit, and a 25.8% increase in net income compared to the same period last year.
Revenue increased by 8.7% to $1,021.8 million.
Gross profit increased by 10.8% to $483.4 million.
Net income increased by 25.8% to $350.4 million.
Fully diluted earnings per share increased by 24.1% to $0.72.
Copart
Copart
Forward Guidance
This press release contains forward-looking statements within the meaning of federal securities laws and are subject to substantial risks and uncertainties.