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
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Q4 2022 Copart Inc Earnings Call Transcript

Sep 08, 2022 / 03:00PM GMT
Release Date Price: $29.24 (-1.58%)
Operator

Good day, everyone, and welcome to the Copart, Inc. Fourth Quarter Fiscal 2022 Earnings Call. Just a reminder, today's conference is being recorded. For opening remarks, I would like to turn the call over to Gavin Renfro, Vice President of Global Accounting of Copart, Inc. Please go ahead, sir.

Gavin Renfrew

Thank you, and good morning. We'll start with the safe harbor. During today's call, we'll discuss certain non-GAAP measures, which include adjustments to income tax benefits related to stock-based compensation, legal matters, discrete income tax items and the effect of the extinguishment of debt. We provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our Investor Relations website and in our press release issued yesterday. We believe these non-GAAP measures, together with the corresponding GAAP measures, are relevant in analyzing our results and assessing our business trends and performance.

In addition, our comments today include forward-looking statements within the meaning of federal

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