secwatch.observer — SEC 8-K summary
======================================

Issuer:     COPART INC (CPRT)
CIK:        0000900075
Form:       8-K
Filed at:   2022-02-16T23:59:59+00:00
Accession:  0000900075-22-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Copart Q2 FY2022 net income up 48.6% YoY to $287.4M, EPS $1.19 vs $0.81
-----------------------------------------------------------------------

- Revenue $867.5M (+40.6% YoY), net income $287.4M (+48.6% YoY), diluted EPS $1.19 (+46.9%).
- Non-GAAP diluted EPS $1.10 (up 37.5% from $0.80) excluding discrete income tax items and stock compensation benefits.
- Six-month revenue $1.68B (+38.6%), net income $547.8M (+39.1%), diluted EPS $2.27 (+38.4%).
- Gross profit $403.3M (+31.2% YoY); operating margins remain strong.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/900075/000090007522000005/0000900075-22-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/900075/000090007522000005/cprt-20220216.htm
  HTML page:      https://secwatch.observer/filing/0000900075-22-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer