Copart reports first quarter fiscal 2024 financial results

Dallas--(business wire)--copart, inc. (nasdaq: cprt) today reported financial results for the quarter ended october 31, 2023. for the three months ended october 31, 2023, revenue, gross profit, and net income were $1,020.4 million, $464.0 million, and $332.5 million, respectively. these represent an increase in revenue of $127.0 million, or 14.2%; an increase in gross profit of $94.5 million, or 25.6%; and an increase in net income of $86.7 million, or 35.3%, respectively, from the same period.
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