(RTTNews) - Copart Inc. (CPRT) reported that its net income for the first-quarter rose to $218.18 million or $0.91 per share from $114.08 million or $0.47 per share in the prior year.
Non-GAAP earnings per share for the quarter were $0.65 compared to $0.47 in the previous year.
Total service revenues and vehicle sales for the quarter grew to $554.42 million from $461.37 million in the prior year.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.59 per share and revenues of $544.63 million for the quarter. Analysts' estimates typically exclude special items.
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