Copart, Inc. (NASDAQ:CPRT) reported financial results for its fiscal second quarter ended January 31.
For the quarter, revenue was $299.7 million, representing an increase in revenue of $23.4 million, or 8.5 percent. Gross margin was $124.6 million, an increase of $9.7 million, or 8.5 percent. Net income was $59.0 million, an increase in of $6.8 million, or 13.0 percent, from the same quarter last year.
For the six months ended January 31, revenue, gross margin and net income were $588.5 million, $245.5 million and $111.4 million, respectively. These represent an increase in revenue of $21.9 million, or 3.9 percent; an
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options.