Copart reports first quarter fiscal 2022 financial results

Dallas--(business wire)-- #copartearnings--copart, inc. (nasdaq: cprt) today reported financial results for the quarter ended october 31, 2021. for the three months ended october 31, 2021, revenue, gross profit, and net income were $810.1 million, $385.0 million, and $260.4 million, respectively. these represent an increase in revenue of $217.2 million, or 36.6%; an increase in gross profit of $88.3 million, or 29.7%; and an increase in net income of $60.1 million, or 30.0%, respectively, from the same period la
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