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AI brief of an SEC Form 8-K · CorVel (CRVL)

CorVel quarterly revenue rises 15% to $224 million; diluted EPS up 17% to $1.35

Positive Impact 3 of 5 earnings Written later

CorVel reported results for the three months ended September 30, 2024, with revenue up 15% to $224 million and diluted EPS up 17% to $1.35 from a year earlier. For the six months, revenue reached $436 million and diluted EPS was $2.60, both higher than the prior-year period. The company ended the quarter with $138 million in cash and no borrowings, and the release gave no forward guidance.

Key points

  • Quarterly gross profit rose 15% to $50.7 million, at a 22.6% gross margin, versus $44.3 million a year earlier.
  • Six-month revenue was $436 million versus $386 million, and six-month diluted EPS was $2.60 versus $2.29.
  • The company repurchased $9.6 million of common stock during the quarter and held $138 million in cash with no borrowings.
  • Net Revenue Retention for the quarter was 110%.

The filing

CompanyCorVel (CRVL)
Form8-K, current report
Filed with the SECNov 4, 2024, 7:30 PM ET
Accession number0000950170-24-121011

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 November 04, 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.