CorVel reports Q3 revenue of $202M (+13% YoY), EPS $0.99; new business sold surges 34%

CORVEL CORP

2023-Q3 EPS reported $3.27 revenue$588,078,000

Q3 Dec 2023 revenue $202M vs $179M year ago; EPS $0.99 vs $0.96.
Nine-month revenue $588M (+10% YoY); EPS $3.27 vs $2.73 (+20%).
Calendar 2023 new business sold increased 34% with balanced bookings across segments.
Customer gross revenue retention 95%, net revenue retention 108% for the year.
Payment integrity services gaining traction; CERIS expanding teams; generative AI boosting efficiency.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CORVEL CORP reported the quarter ended December 31, 2023 results: revenue $202 million, EPS $0.99.

Period: the quarter ended December 31, 2023
Revenue: $202 million
EPS: $0.99
Result: reported results

Exact text from the filing

CorVel Corporation (NASDAQ: CRVL) announced the results for the quarter ended December 31, 2023. Revenues for the quarter were $202 million, an increase from $179 million in the December quarter of 2022. Earnings per share for the quarter were $0.99, compared to $0.96 in the same quarter of the prior year.

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Source: SEC EDGAR

accession 0000950170-24-008469

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