The company said it recorded revenue of $1.02 billion, gross profit of $464.2 million and net income attributable to Copart Inc. of $325.6 million for the 3 months ended January 31, 2024. These were increases of 6.6%, 8.8% and 10.9%, respectively, from the same period last year.

1. 01

   The company said it recorded revenue of $1.02 billion, gross profit of $464.2 million and net income attributable to Copart Inc. of $325.6 million for the 3 months ended January 31, 2024. These were increases of 6.6%, 8.8% and 10.9%, respectively, from the same period last year.

2. 02

   Copart said it recorded revenue of $2.04 billion and net income attributable to Copart Inc. of $658.2 million for the 6 months ended January 31, 2024. It said fully diluted earnings per share were $0.68, compared with $0.56 a year earlier, an increase of 21.4%.

3. 03

   The company reported that over the 3 months, service revenues rose 9.1% to $861,745 thousand and vehicle sales fell 5.1% to $158,404 thousand. General and administrative expenses increased 51.9% to $72,657 thousand, and operating income was $379,900 thousand, up 3.9%.

4. 04

   The company reported that over the 6 months, net cash provided by operating activities was $537,039 thousand and net cash used in investing activities was $247,680 thousand. As of January 31, 2024, cash, cash equivalents and restricted cash totaled $1,256,948 thousand.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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