Q2 2023 Copart Inc Earnings Call Transcript

Jan 22, 2024

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Feb 21, 2023 / 04:00PM GMT
Operator

Good day, everyone, and welcome to the Copart, Inc. Second Quarter Fiscal 2023 Earnings Call. Just a reminder, today's conference is being recorded.

For opening remarks, I would like to turn the call over to Jeff Liaw, Co-CEO of Copart, Inc. Please go ahead, sir.

Jeffrey Liaw - Copart, Inc. - Co-CEO

Thank you, Maria. Good morning, everyone, and welcome to our second quarter call, and thanks for joining us. I'll actually start briefly with the safe harbor.

Good morning. During today's call, we'll discuss certain non-GAAP measures, including adjustments to income tax benefits related to stock-based compensation. We've provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our Investor Relations website and in our press release issued yesterday. We believe these non-GAAP measures, together with the corresponding GAAP measures, are relevant in analyzing our results and assessing our business trends and performance.

In addition, our comments today include forward-looking statements

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