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

Q3 2023 Copart Inc Earnings Call Transcript

May 17, 2023 / 09:00PM GMT
Release Date Price: $41 (+0.99%)
Operator

Greetings, and welcome to the Copart, Inc. Third Quarter Fiscal 2023 Earnings Call. Just a reminder, today's conference is being recorded. (Operator Instructions)

Before turning the call over to management, I will share Copart's statement on safe harbor and non-GAAP financial measures. During today's call, the company will discuss certain non-GAAP measures, including adjustments to income tax benefits related to stock-based compensation. The company has provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on its Investor Relations website and in its press release issued at approximately 3:00 p.m. Central Time today. The company believes these non-GAAP measures together with corresponding GAAP measures are relevant in analyzing the company's results and assessing its business trends and performance.

In addition, the company's comments today include forward-looking statements within the meaning of the federal securities laws, including management's current views with respect to trends, opportunities and uncertainties in the company's

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