Copart, Inc. (NASDAQ:CPRT) yesterday reported its financial results for the quarter ended October 31.
For the three months ended October 31, 2015, revenue was $288.8 million, a decrease in revenue of $1.5 million, or 1.5 percent from the same quarter last year. Gross margin was $120.9 million, a decrease in gross margin of $1.4 million, or 1.2 percent from last year. Net income was $52.4 million, a decrease of $0.2 million, or 0.4 percent, respectively, from the same quarter last year. Fully diluted earnings per share for the three months were $0.42 compared to $0.40 last year, an
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