Article: Copart Reports Fourth Quarter Financial Results.(Financial report)

Copart, Inc. (NASDAQ:CPRT) reported the results for its fourth quarter and fiscal year ended July 31, 2009.

For the three months ended July 31, 2009, revenue, operating income and income from continuing operations were $184.3 million, $55.4 million and $34.6 million, respectively. These represent decreases in revenue of $22.0 million, or 10.6%; in operating income of $10.0 million, or 15.3%; and in income from continuing operations of $6.2 million, or 15.2%, respectively, from the same quarter last year. Fully diluted earnings per share from continuing operations for the three months ended July 31, 2009 were $0.41 compared to $0.47 last year, a decrease of 12.8%.

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