CorVel Q3 FY2025 revenue up 13% to $228M; EPS $0.46 (+39% YoY)

CORVEL CORP

2024-Q3 EPS reported $1.32 revenue$664,075,000

Revenue $228M vs $202M YoY; gross profit $52.9M at 23.2% margin (+25%).
Diluted EPS $0.46 vs $0.33 YoY; nine-month EPS $1.32 vs $1.09.
Cash $163M, no borrowings; repurchased $9.6M of stock during quarter.
Released generative-AI features for document processing and claim milestones.
CERIS platform sees increased demand from ASO customers seeking medical cost savings.

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