Copart, Inc. (CPRT) Q2 2025 Earnings Call

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WEBVTT 00:00:01.921 -- 00:00:06.951 Please stand by. Good day, everyone, and welcome to the Copart Incorporated fourth 00:00:06.951 -- 00:00:12.001 quarter fiscal 2024 earnings call. Just a reminder, today's conference 00:00:12.001 -- 00:00:13.805 is being recorded. 00:00:13.805 -- 00:00:19.167 Before turning the call over to management, I will share Copart's safe harbor statement. 00:00:19.167 -- 00:00:23.653 The company's comments today include forward-looking statements within the meaning of 00:00:23.653 -- 00:00:28.860 federal securities laws, including management's current views with respect 00:00:28.860 -- 00:00:33.907 to trends, opportunities, and uncertainties in the company's markets. 00:00:33.907 -- 00:00:38.590 These forward-looking statements involve substantial risks and uncertainties. 00:00:38.590 -- 00:00:43.495 For more detail on the risks associated with the company's business, we refer you to 00:00:43.495 -- 00:00:49.202 the section titled Risk Factors in the company's annual report on Form 10-K 00:00:49.202 -- 00:00:53.244 for the year ended July 31, 2023, 00:00:53.887 -- 00:00:59.013 and each of the company's subsequent quarterly reports on Form 10-Q. 00:00:59.013 -- 00:01:04.559 Any forward-looking statements are made as of today, and the company has no obligation 00:01:04.559 -- 00:01:08.408 to update or revise any forward-looking statements. 00:01:08.408 -- 00:01:14.432 I'll now turn the call over to the company's CEO, Jeff Liao. 00:01:14.494 -- 00:01:18.758 Thank you, Owen, and good evening. We're pleased to report our results for the fourth 00:01:18.758 -- 00:01:23.322 quarter of fiscal 24 and the conclusion of another successful fiscal year for our customers 00:01:23.322 -- 00:01:27.426 and for Copart. I'll begin with a few comments on our b...