secwatch.observer — SEC 8-K summary
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Issuer:     CORVEL CORP (CRVL)
CIK:        0000874866
Form:       8-K
Filed at:   2024-01-30T23:59:59+00:00
Accession:  0000950170-24-008469
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874866/000095017024008469/0000950170-24-008469-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874866/000095017024008469/crvl-20240130.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-008469

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer