Earnings Abstract: Copart experiences Q1 2024 monetary outcomes

Copart, Inc. (NASDAQ: CPRT), a number one on-line car public sale firm, reported greater earnings and revenues for the primary quarter of 2024.

  • First-quarter revenues got here in at $1.02 billion, which is up 14.2% from the year-ago quarter
  • Internet revenue elevated by 35.3% year-over-year to $332.5 million in the course of the three-month interval
  • Copart mentioned its October-quarter gross revenue superior by 25.6% from final 12 months to $464 million
  • Earnings per share, on a reported foundation, was $0.34 within the first quarter, in comparison with $0.25 final 12 months

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