Q4 2023 Copart Inc Earnings Call Transcript

Sep 14, 2023 / 09:30PM GMT
Operator

Good day, everyone, and welcome to Copart, Inc. Fourth Quarter Fiscal 2023 Earnings Call. Just a reminder, today's conference is being recorded. Before turning the call over to management, I will share Copart's statement on safe harbor and non-GAAP financial measures. During today's call, the company will discuss certain non-GAAP measures, including discrete income tax items, the effect of extinguished debt and adjustments to income tax benefits related to stock-based compensation. The company has provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on its Investor Relations website and in its press release issued at approximately 3 p.m. Central Time today. The company believes these non-GAAP measures together with the corresponding GAAP measures, are relevant in analyzing the company's results and assessing its business trends and performance.

In addition, the company's comments today include forward-looking statements within the meaning of the federal securities laws, including management's current views with respect to trends,

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