Earnings Summary: Copart reports Q4 2024 financial results
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Copart, Inc. reported its Q4 2024 financial results, showing a 7.2% year-over-year increase in revenue to $0.07 billion. However, net income fell to $0.6 million ($0.33 per share) from $0.8 million ($0.36 per share) a year earlier. The gross profit decreased by 1%, and operating income dropped by 8% to $0.5 million. The company's total assets stood at $2.43 billion, with cash and equivalents totaling $1.51 billion.
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