Welcome to our dedicated page for Copart news (Ticker: CPRT), a resource for investors and traders seeking the latest updates and insights on Copart stock.
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, 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.
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