Copart (NASDAQ:CPRT) Q3 earnings soar, revenue hits $1.13B
Full story: https://grafa.com/news/copart--nasdaq-cprt--q3-earnings-soar--revenue-hits--1-13b-223207
Copart (NASDAQ:CPRT), a leading global online vehicle auction company, has announced substantial growth in its financial performance for the third quarter of the fiscal year 2024.
The company's revenue climbed to $1.13 billion, marking a 10.3% increase from the same period last year.
Gross profit also rose to $525.5 million, an 8.7% increase, while net income attributable to Copart increased to $382.3 million, up 9.1%.
Additionally, diluted earnings per share improved to $0.39, an 8.3% rise compared to the previous year's $0.36.
Copart's performance over the nine months leading up to April 30, 2024, further demonstrates its financial stability and growing market influence.
During this period, revenue reached $3.17 billion, with gross profit at $1.5 billion and net income attributable to Copart, at $1 billion.
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