Copart Inc (NAS:CPRT)
$ 58.46 -0.61 (-1.03%) Market Cap: 56.92 Bil Enterprise Value: 53.40 Bil PE Ratio: 41.60 PB Ratio: 7.20 GF Score: 97/100

Q2 2019 Copart Inc Earnings Call Transcript

Feb 21, 2019 / 04:00PM GMT
Release Date Price: $14.13 (+5.70%)
Operator

Good day, everyone, and welcome to the Copart, Inc. Second Quarter Fiscal 2019 Earnings Call. Just a reminder, today's conference is being recorded.

For opening remarks and introduction, I would like to turn the call over to Mr. Jay Adair, Chief Executive Officer of Copart, Inc. Please go ahead, sir.

A. Jayson Adair
Copart, Inc. - CEO & Director

Thank you. Good morning, everyone, and welcome to the second quarter call for Copart. On the call with me today is Jeff Liaw, CFO; and Will Franklin, Executive Vice President. I'm going to turn it over to Jeff Liaw for opening comments and then Will Franklin will give us an update on operations. And then we'll be happy to answer any questions that we have at that time.

All right, thanks so much. Jeff?

Jeffrey Liaw
Copart, Inc. - CFO & Senior VP of Finance

Thanks, Jay. I'll start with the Safe Harbor. During today's call, we'll discuss certain non-GAAP measures, including non-GAAP net income per diluted share, which includes adjustments to reverse

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