---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-020665"
form_type: "8-K"
ticker: "CRVL"
cik: "0000874866"
company_name: "CORVEL CORP"
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T20:39:13.063556+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CorVel Q2 revenue up 12% to $177M; EPS $0.83 vs $0.88 YoY

## Summary
- Revenue $177M for quarter ended Sep 30, 2022, up from $158M YoY; six-month revenue $354M vs $310M.
- EPS $0.83 for quarter ($1.77 six months) down from $0.88 ($1.81 prior year) due to continued investment.
- Invested in CERiS platform, SaaS R&D, and new payment integrity services; implemented workflow management and automated medical record review.
- Achieved 97% customer retention rate; management expects labor market challenges to ease.
- No guidance provided; company cites proactive hiring and retention to offset Great Resignation impacts.

## SEC filing metadata
- accession: 0000950170-22-020665
- form_type: 8-K
- ticker: CRVL
- cik: 0000874866
- company_name: CORVEL CORP
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/874866/000095017022020665/0000950170-22-020665-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/874866/000095017022020665/crvl-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-020665
- JSON: https://secwatch.observer/filing/0000950170-22-020665.json
- Plain text: https://secwatch.observer/filing/0000950170-22-020665.txt

## Key facts
- Earnings Releases
  CORVEL CORP reported the quarter ended September 30, 2022 results: revenue $177 million, EPS $0.83.
  - Period: the quarter ended September 30, 2022
  - Revenue: $177 million
  - EPS: $0.83
  - Result: reported results
  source text: CorVel Corporation (NASDAQ: CRVL) announced the results for the quarter ended September 30, 2022. Revenues for the quarter were $177 million, an increase from $158 million in the same quarter of the previous year. Earnings per share for the quarter were $0.83, compared to $0.88 in the same quarter of the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/874866/000095017022020665/0000950170-22-020665-index.htm
- Earnings Releases
  CORVEL CORP reported the six months ended September 30, 2022 results: revenue $354 million, EPS $1.77.
  - Period: the six months ended September 30, 2022
  - Revenue: $354 million
  - EPS: $1.77
  - Result: reported results
  source text: Revenues for the six months ended September 30, 2022 were $354 million, compared to $310 million for the six months ended September 30, 2021. Earnings per share for the six months ended September 30, 2022 were $1.77, compared to $1.81 for the six months ended September 30, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/874866/000095017022020665/0000950170-22-020665-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.