Jan. 5 at 6:52 PM
$CRVL reported a 15% increase in revenue for the September quarter, reaching
$224 million compared to
$196 million in the same quarter of the previous year.
Earnings per share increased by 17%, from
$15 per share in the prior year to
$35 per share in the current quarter.
The company's network solutions offerings have seen significant growth due to increased investments, contributing to meaningful business expansions.
CorVel Corp maintains a strong balance sheet with positive cash flow, providing financial flexibility for investments in technology and growth initiatives.
The patient management segment continues to perform strongly, enhancing overall financial results.