secwatch.observer — SEC 8-K summary
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Issuer:     CORVEL CORP (CRVL)
CIK:        0000874866
Form:       8-K
Filed at:   2024-05-22T23:59:59+00:00
Accession:  0000950170-24-063218
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CorVel Q4 revenue $207M +12% YoY; FY EPS $4.40 vs $3.77
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- Q4 revenue $207M, up 12% YoY from $185M; EPS $1.12 vs $1.04.
- Fiscal 2024 revenue $795M (+11% YoY); EPS $4.40 vs $3.77.
- Patient Management services revenue increased 11% YoY; net revenue retention 108%.
- Invested in Generative AI; introduced AI-powered SaaS platform to managed care market.
- New bookings solid increase; ranked #3 in Workers' Comp TPA revenue by Business Insurance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874866/000095017024063218/0000950170-24-063218-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874866/000095017024063218/crvl-20240522.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-063218

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