Copart, Inc. (NASDAQ:CPRT) reported its financial results for it fiscal fourth quarter and year ended July 31.
For the fourth quarter, Copart reported revenue of $542.6 million, gross profit of $242.6 million, and net income of $153.5 million. These represent an increase in revenue of $93.4 million, or 20.8%; an increase in gross profit of $54.2 million, or 28.8%; and an increase in net income of $43.7 million, or 39.9%, respectively, from the same period last year. Fully diluted earnings per share for the three months were $0.64 compared to $0.45 last year, an increase of 42.2%.
For the year
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.