Copart reported financial results for the quarter ended Oct. 31.

For the three months ended Oct. 31, revenue, gross profit, and net income attributable to Copart Inc. were $1.15 billion, $512.1 million, and $362.1 million, respectively. These represent an increase in revenue of $126.4 million, or 12.4%; an increase in gross profit of $48.1 million, or 10.4%; and an increase in net income attributable to Copart, Inc. of $29.6 million, or 8.9%, respectively, from the same period last year. Fully diluted earnings per share for three months ended Oct. 31was $0.37 compared to $0.34 last year, an increase of 8.8%.