CorVel quarterly revenue rises to $202 million; diluted EPS $0.99 vs $0.96
CorVel reported results for the three months ended December 31, 2023, in a press release furnished as Exhibit 99.1 to a Form 8-K. Revenue rose to $202.3 million from $179.4 million, and diluted earnings per share rose to $0.99 from $0.96, so the headline measures improved year over year.
- Quarter revenue $202.3 million vs $179.4 million a year earlier; net income $17.1 million vs $16.8 million
- Quarter diluted EPS $0.99 vs $0.96; nine-month diluted EPS $3.27 vs $2.73
- Nine-month revenue $588.1 million vs $533.1 million
- The release said new business sold rose 34% in calendar 2023, with 95% Gross Revenue Retention and 108% Net Revenue Retention