secwatch.observer — SEC 8-K summary
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Issuer:     COPART INC (CPRT)
CIK:        0000900075
Form:       8-K
Filed at:   2023-05-17T23:59:59+00:00
Accession:  0000900075-23-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/900075/000090007523000017/0000900075-23-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/900075/000090007523000017/cprt-20230517.htm
  HTML page:      https://secwatch.observer/filing/0000900075-23-000017

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