Copart reports Q3 FY2023 revenue $1.02B, net income $350.4M; EPS $0.72 (+24% YoY)

COPART INC

2023-Q3 EPS reported $1.84 revenue$2,871,927,000

Revenue of $1,021.8M, up 8.7% YoY; gross profit $483.4M (+10.8%); net income $350.4M (+25.8%).
Diluted EPS of $0.72 vs $0.58 in prior year, a 24.1% increase; non-GAAP diluted EPS $0.72 also up 24.1%.
For nine months ended April 30, 2023: revenue $2,871.9M (+9.7%), net income $890.0M (+7.7%), diluted EPS $1.84.
Q3 gross profit grew 10.8% versus revenue growth of 8.7%, reflecting operating leverage.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COPART INC reported third quarter of fiscal year 2023, which ended April 30, 2023 results: revenue $1,021.8 million, net income $350.4 million, EPS $0.72.

Period: third quarter of fiscal year 2023, which ended April 30, 2023
Revenue: $1,021.8 million
Net income: $350.4 million
EPS: $0.72
Result: reported results

Exact text from the filing

Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended April 30, 2023. For the three months ended April 30, 2023, revenue, gross profit, and net income were $1,021.8 million, $483.4 million, and $350.4 million, respectively. These represent an increase in revenue of $81.9 million, or 8.7%; an increase in gross profit of $47.2 million, or 10.8%; and

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COPART INC reported nine months ended April 30, 2023 results: revenue $2,871.9 million, net income $890.0 million, EPS $1.84.

Period: nine months ended April 30, 2023
Revenue: $2,871.9 million
Net income: $890.0 million
EPS: $1.84
Result: reported results

Exact text from the filing

For the nine months ended April 30, 2023, revenue, gross profit, and net income were $2,871.9 million, $1,279.4 million, and $890.0 million, respectively.

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Source: SEC EDGAR

accession 0000900075-23-000017

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