Corvel ( (CRVL) ) has released its Q1 earnings. Here is a breakdown of the information Corvel presented to its investors.
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CorVel Corporation is a healthcare management company specializing in providing technology-driven solutions for workers’ compensation, auto, and liability claims management.
In its latest earnings report, CorVel Corporation announced a significant increase in revenues and earnings for the quarter ended June 30, 2025. The company reported revenues of $235 million, up from $212 million in the same quarter of the previous year, with earnings per share rising to $0.52 from $0.42.
Key financial highlights include an 11% increase in revenue and an 18% rise in gross profit, reaching $56.8 million. The company also reported a 24% increase in diluted earnings per share. CorVel ended the quarter with $202 million in cash and no borrowings, and it repurchased $9.6 million of common stock. The company’s strategic focus on innovation and long-term growth was underscored by the acquisition of assets from a technology firm, aimed at enhancing the capabilities of its CERIS group health division.
The acquisition is expected to bolster CorVel’s foundational technologies and align with its strategic vision of delivering scalable solutions. This move is anticipated to enhance innovation and provide additional value to CERIS partners, with expectations of accretive growth over the medium term.
Looking ahead, CorVel Corporation remains committed to executing its long-term strategy, focusing on innovation and operational excellence to drive sustainable value for shareholders.