secwatch.observer — SEC 8-K summary
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Issuer:     CORVEL CORP (CRVL)
CIK:        0000874866
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0000950170-24-087454
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CorVel Q1 FY2025 revenue $212M (+11% YoY), EPS $1.25 (+10%)
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- Revenue $212M, +11% YoY from $190M; diluted EPS $1.25 vs $1.14.
- Gross profit $48.2M (22.7% margin) up 15% from $41.9M.
- Cash $132M, no debt; repurchased $9.5M of common stock during quarter.
- Launched enhanced communications platform in CareMC; using AI for clinical bill review.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874866/000095017024087454/0000950170-24-087454-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874866/000095017024087454/crvl-20240730.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-087454

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