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Stock impact report

Copart, Inc. (CPRT) Reinforces Financial Flexibility Amid Steady Operating Performance [Yahoo! Finance]

Copart, Inc. (CPRT) 
Last copart, inc. earnings: 2/19 05:55 pm Check Earnings Report
US:NASDAQ Investor Relations: copart.com/investorrelation
Company Research Source: Yahoo! Finance
into a new $1.25 billion unsecured senior revolving credit agreement. The agreement is to replace a previous credit facility that was terminated and fully repaid . Interest rates on the new revolving credit facility are based on either a fixed rate plus a margin of 0.75% to $1.125% or a daily rate plus a margin of 0% to 0.125%. The company can request up to two one-year extensions on the new revolving credit facility, which is set to mature on January 23, 20231. Copart Inc. plans to use net proceeds from the facility for general corporate purposes, including working capital, capital expenditures, dividends, acquisitions, and other investments. The company delivered solid first-quarter fiscal 2026 results, with revenue up 0.7% year over year to $1.16 billion and gross profit of $537 million. Net income was up 11.5% to $403.7 million, leading to diluted earnings per share of $0.41, up from $0.37 a year earlier. Copart, Inc. (NASDAQ:CPRT) is a global leader in online vehicle auctio Show less Read more
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