earnings
confidence high
sentiment neutral
materiality 0.70
CorVel Q4 revenue rises to $185M, EPS slips to $1.04; annual revenue $719M, EPS $3.77
CORVEL CORP
2023-FY EPS reported
$3.77
revenue$718,562,000
- Q4 revenue $185M (+8% YoY); EPS $1.04 vs $1.09 in prior year.
- FY revenue $719M (+11% YoY); FY EPS $3.77 vs $3.66.
- CERIS team, SaaS platform, and R&D investments increased; competitive position strengthened.
- Generative AI being deployed; virtual mailbox in Provider Portal reduces costs.