CorVel quarterly revenue rises to $196 million; diluted EPS $1.15 vs $0.83
CorVel reported results for the three months ended September 30, 2023, with revenue of $196 million, up from $177 million a year earlier, and diluted earnings per share of $1.15, up from $0.83. For the six months, revenue was $386 million and diluted EPS was $2.29, compared with $354 million and $1.77 a year earlier. The filing gives no guidance for future periods.
- Quarter revenue $196 million vs $177 million a year earlier; net income $19.9 million vs $14.7 million
- Quarter diluted EPS $1.15 vs $0.83 in the prior-year quarter
- Six-month revenue $386 million vs $354 million; six-month diluted EPS $2.29 vs $1.77
- Press release cites CERIS payment integrity growth and new bookings; no forward guidance was given