Nov 21 (Reuters) - Online vehicle auction services

provider Copart ( CPRT ) reported better-than-expected

first-quarter revenue on Thursday, driven by robust volumes of

salvage vehicles.

Increasing vehicle complexity and rising labor costs have

led customers to favor totaling vehicles over repairing them.

Improving acquisition costs for the vehicles sold by the

company, which also offers remarketing services for selling

damaged and total-loss vehicles, have also significantly driven

down Copart's ( CPRT ) expenses.

The Dallas, Texas-based company's first-quarter revenue rose

12.4% to $1.15 billion, skidding past analysts' estimates of

$1.10 billion according to data compiled by LSEG.

Copart's ( CPRT ) net income rose to $361.2 million, or 37 cents per

share for the quarter ended October 31, from $332.5 million, or

34 cents per share a year earlier.