8-KEarnings & ResultsExhibits & Filings

COPART INC 8-K Report, Financial Results (Nov 22, 2016)

Filed November 22, 2016For Securities:CPRT

Summary

Copart, Inc. (CPRT) filed an 8-K on November 22, 2016, to report its financial results for the first quarter of fiscal year 2017, ended October 31, 2016. The filing primarily serves as a notification that the company issued a press release detailing these results on November 21, 2016. Investors should refer to the furnished press release (Exhibit 99.1) for the specific financial figures and operational performance metrics. This report indicates that Copart has provided its quarterly earnings update as per standard disclosure practices. While the 8-K itself doesn't contain the detailed financials, it directs stakeholders to the press release for crucial information regarding revenue, profitability, and any forward-looking statements made by the company for the first quarter of FY2017. Investors are advised to review Exhibit 99.1 for a comprehensive understanding of Copart's performance during the period.

Key Highlights

  • 1Copart, Inc. (CPRT) announced Q1 FY2017 financial results on November 21, 2016.
  • 2The 8-K filing on November 22, 2016, references a press release (Exhibit 99.1) containing the detailed results.
  • 3The filing covers the fiscal quarter ended October 31, 2016.
  • 4This report is furnished under Item 2.02 (Results of Operations and Financial Condition).
  • 5Information provided is not deemed 'filed' for purposes of Section 18 of the Exchange Act unless expressly incorporated by reference.
  • 6Investors must consult Exhibit 99.1 for specific financial and operational data for Q1 FY2017.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially announce and provide investors with access to Copart, Inc.'s financial results for the first quarter of fiscal year 2017, which ended on October 31, 2016. It directs readers to a press release (Exhibit 99.1) that contains the detailed financial information.

The actual financial results for Q1 FY2017 are contained within the press release dated November 21, 2016, which is attached to this 8-K filing as Exhibit 99.1. You will need to review that exhibit for specific details on revenue, earnings, and other financial metrics.

No, the information provided in this 8-K under Item 2.02 and its accompanying exhibit is furnished, not filed. This means it is not subject to the liabilities of Section 18 of the Securities Exchange Act of 1934, unless Copart specifically states otherwise in a future filing.