Copart (CPRT) Tops Q4 EPS by 2c

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Go back to Copart (CPRT) Tops Q4 EPS by 2c

Copart Reports Fourth Quarter Fiscal 2015 Financial Results

September 22, 2015 4:48 PM EDT

DALLAS--(BUSINESS WIRE)-- Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter and year ended July 31, 2015.

For the three months ended July 31, 2015, revenue, gross margin and net income were $282.3 million, $118.8 million and $57.4 million, respectively. These represent a decrease in revenue of $5.2 million, or 1.8%; an increase in gross margin of $1.8 million, or 1.6%; and an increase in net income of $6.4 million, or 12.5%, respectively, from the same quarter last year. Fully diluted earnings per share for the three months were $0.44 compared to $0.39 last year, an increase of 12.8%.

For the year ended July 31, 2015, revenue,... More