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Copart Inc. (NASDAQ: CPRT) operates the world's leading online vehicle auction platform, connecting sellers and buyers across 11 countries. This news hub provides investors and industry professionals with timely updates on corporate developments, operational milestones, and market trends impacting the global vehicle remarketing sector.
Access verified press releases covering earnings reports, technology enhancements to the VB3 platform, strategic partnerships, and regulatory updates. Our curated news collection serves as a centralized resource for understanding Copart's role in the salvage vehicle ecosystem, from insurance company collaborations to international expansion efforts.
Key updates include auction volume trends, digital innovation initiatives, and sustainability practices within vehicle recycling. Bookmark this page for direct access to primary source materials and analysis-free reporting on Copart's business operations.
Copart (NASDAQ: CPRT) reported strong financial results for Q2 fiscal 2025. The company achieved revenue of $1.16 billion, up 14.0% year-over-year, with gross profit reaching $525.6 million, a 13.2% increase. Net income grew 19.0% to $387.4 million.
The company's fully diluted earnings per share rose 21.2% to $0.40 compared to $0.33 in the same period last year. For the six-month period ending January 31, 2025, Copart reported revenue of $2.31 billion (up 13.2%), gross profit of $1.0 billion (up 11.8%), and net income of $749.5 million (up 13.9%). Six-month EPS increased 13.2% to $0.77 from $0.68 year-over-year.
Copart (NASDAQ: CPRT) has announced it will release its second quarter fiscal 2025 earnings after 4:00 p.m. Eastern Time on Thursday, February 20, 2025. The company will host a conference call at 5:30 p.m. Eastern Time the same day to discuss the quarterly results.
The call will be accessible via webcast at www.copart.com/investorrelations, with a replay available through May 2025. Copart, founded in 1982, is a global leader in online vehicle auctions, operating in 11 countries through over 250 locations. The company sold more than 4 million units last year, connecting vehicle consigners to approximately 1 million members across 185 countries.
Copart (NASDAQ: CPRT) reported strong financial results for Q1 FY2025 ended October 31, 2024. The company achieved revenue of $1.15 billion, up 12.4% year-over-year, with a gross profit of $512.1 million, increasing 10.4%. Net income rose 8.9% to $362.1 million, while fully diluted earnings per share reached $0.37, up 8.8% from $0.34 in the previous year.
Copart (NASDAQ: CPRT) has scheduled its first quarter fiscal 2025 earnings release for Thursday, November 21, 2024, after 4:00 p.m. Eastern Time. The company will host a conference call at 5:30 p.m. Eastern Time to discuss the results, which will be accessible via webcast at www.copart.com/investorrelations. A replay will be available through February 2025. Copart, founded in 1982, is a global leader in online vehicle auctions, operating in 11 countries with over 250 locations. The company sold more than 4 million units last year, connecting vehicle consigners to approximately 1 million members across 185 countries.
Copart (NASDAQ: CPRT) reported its Q4 and full-year fiscal 2024 financial results. For Q4, revenue increased by 7.2% to $1.1 billion, while gross profit decreased by 0.9% to $454 million. Net income attributable to Copart decreased by 7.3% to $323 million. Fully diluted EPS for Q4 was $0.33, down 8.3% year-over-year.
For the full fiscal year 2024, Copart's revenue grew 9.5% to $4.2 billion, gross profit increased 9.8% to $1.9 billion, and net income rose 10.1% to $1.4 billion. Full-year diluted EPS was $1.40, up 9.4% from the previous year. The company will host a conference call on September 4, 2024, to discuss the results.
Copart, Inc. (NASDAQ: CPRT) has announced the release of its fourth quarter fiscal 2024 earnings on Wednesday, September 4, 2024, after 4:00 p.m. Eastern Time. The company will conduct a conference call at 5:30 p.m. Eastern Time to discuss the results. Investors can access the webcast live at www.copart.com/investorrelations, with a replay available through November 2024.
Copart, founded in 1982, is a global leader in online vehicle auctions, connecting consigners to approximately 1 million members across 185+ countries. The company operates in 11 countries with over 250 locations, selling more than 4 million units last year. Copart offers remarketing services to various entities, including insurance companies, financial institutions, and individuals.
Copart, a global leader in online vehicle auctions, announced that CFO Leah Stearns will participate in a fireside chat at Baird's Global Consumer, Technology & Services Conference on June 6, 2024. The event will be live-streamed at 10:15 am ET and accessible via Copart's investor relations website. Founded in 1982, Copart connects vehicle consigners with buyers in over 185 countries, selling over 4 million units last year through its innovative online platforms. The company operates across 11 countries with 250 locations, offering services to insurance companies, financial institutions, dealers, and more.
Copart (NASDAQ: CPRT) announced its financial results for Q3 of fiscal 2024, ending April 30, 2024. The company reported revenue of $1.13 billion, gross profit of $525.5 million, and net income of $382.3 million, reflecting year-over-year increases of 10.3%, 8.7%, and 9.1%, respectively. Fully diluted EPS rose by 8.3% to $0.39. For the first nine months, revenue was $3.17 billion, gross profit $1.5 billion, and net income $1.0 billion, showing increases of 10.3%, 13.6%, and 16.9%, respectively. EPS for nine months increased by 16.3% to $1.07. A conference call to discuss these results is scheduled for May 16, 2024.
Copart, Inc. (NASDAQ: CPRT) will release earnings for the third quarter of fiscal 2024 on May 16, 2024, followed by a conference call. Founded in 1982, Copart is a global leader in online vehicle auctions, connecting consigners to 1 million members in 185 countries. With operations in 11 countries, Copart sold over 4 million units last year.