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You are here: Home / News / Copart Reports First Quarter Revenue Up Over 10%

Copart Reports First Quarter Revenue Up Over 10%

November 17, 2022 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) reported revenue of $893.4 million for its fiscal first quarter ended October 31, an increase in revenue of $83.2 million, or 10.3%, from the same period last year. Gross profit $369.5 million, down $15.5 million, or 4.0%, and net income was $245.8 million, a decrease of $14.5 million, or 5.6%, from the same period last year. Fully diluted earnings per share for the three months were $0.51 compared to $0.54 last year, a decrease of 5.6%.

copart logoOn September 28th, 2022, Hurricane Ian, a Category 4 hurricane, came ashore in Florida, with sustained winds of 150 mph, the

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Filed Under: News Tagged With: Copart, Earnings

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