Copart, Inc. (NASDAQ:CPRT) reported for the three months ended April 30, revenue of $550.4 million, down $2.8 million, or 0.5%, from the same period last year. Gross profit was $242.6 million, a decrease of $9.0 million, or 3.6% below last year and net income was $147.5 million, down $45.3 million, or 23.5%.
For the nine months ended April 30, 2020, revenue, gross profit, and net income were $1.7 billion, $757.4 million, and $534.4 million, respectively. These represent an increase in revenue of $180.5 million, or 12.0%; an increase in gross profit of $101.6 million, or 15.5%; and an increase in
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