---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-036073"
form_type: "8-K"
ticker: "CRVL"
cik: "0000874866"
company_name: "CORVEL CORP"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T21:00:53.720870+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CorVel Q1 FY24 revenue $190M record; EPS $1.14 record, up from $0.94 YoY

## Summary
- Revenue of $190M (record) vs $176M in prior-year quarter, up ~8% YoY.
- Diluted EPS of $1.14 (record) vs $0.94 in same quarter last year, up ~21% YoY.
- Company to release first generative AI initiative in September quarter to automate tasks and provide decision support.
- Workers' Compensation operations improved due to operational efficiencies; staffing and claim volume alignment.
- Symbeo provides supplier onboarding and fraud detection for payables amid rising M&A-related fraud risk.

## SEC filing metadata
- accession: 0000950170-23-036073
- form_type: 8-K
- ticker: CRVL
- cik: 0000874866
- company_name: CORVEL CORP
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/874866/000095017023036073/0000950170-23-036073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/874866/000095017023036073/crvl-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-036073
- JSON: https://secwatch.observer/filing/0000950170-23-036073.json
- Plain text: https://secwatch.observer/filing/0000950170-23-036073.txt

## Key facts
- Earnings Releases
  CORVEL CORP reported the quarter ended June 30, 2023 results: revenue $190 million, EPS $1.14.
  - Period: the quarter ended June 30, 2023
  - Revenue: $190 million
  - EPS: $1.14
  - Result: reported results
  source text: Earnings FORT WORTH, Texas, August 1, 2023 — CorVel Corporation (NASDAQ: CRVL) announced the results for the quarter ended June 30, 2023. Revenues for the quarter were a record $190 million, an increase from $176 million in the same quarter of the previous year. Earnings per share for the quarter were also a record $1.14, compared to $0.94 in the same quarter of the
  evidence_url: https://www.sec.gov/Archives/edgar/data/874866/000095017023036073/0000950170-23-036073-index.htm

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