CorVel quarterly revenue rises 11% to $212 million; diluted EPS up 10% to $1.25
CorVel reported results for the quarter ended June 30, 2024, in a press release furnished as Exhibit 99.1. Revenue rose to $212 million from $190 million a year earlier, net income rose to $21.6 million from $19.8 million, and diluted earnings per share rose to $1.25 from $1.14. Revenue, profit and per-share earnings all improved year over year.
Key points
- Revenue of $212 million for the quarter, up from $190 million in the June 2023 quarter
- Diluted EPS of $1.25, compared with $1.14 a year earlier
- Gross profit of $48.2 million at a 22.7% gross margin, up from $41.9 million
- Repurchased $9.5 million of common stock; ended the quarter with $132 million in cash and no borrowings
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.