From GlobeNewswire: 2025-05-22 06:15:00

CorVel Corporation (NASDAQ: CRVL) reported quarterly revenues of $232 million, up from $207 million in 2024, with earnings per share of $0.51. For the fiscal year ended March 31, 2025, revenues were $896 million, compared to $795 million in 2024, with earnings per share at $1.83, up from $1.47 in 2024 due to a stock split.

In Q4 of fiscal year 2025, CorVel saw a 12% revenue increase to $232 million, gross profit up 34% to $58 million, and diluted earnings per share rose to $0.51. The company finished the quarter with $171 million in cash and repurchased $9 million of common stock. Strategic investments in AI are enhancing communication platforms and billing practices.

CorVel Corporation successfully launched CERIS in the health market, signing agreements to expand its partner network. The company’s strategy of organic product development and external partnerships is yielding positive results, with growing transaction volumes and workflow optimizations driving success. AI is being utilized to combat fraud and streamline processes, improving efficiency and reducing costs.

CorVel Corporation’s forward-looking statements are based on current expectations, management’s beliefs, and assumptions about the company and events beyond its control. The company is investing in automation and AI to improve productivity across enterprise systems. Risks and uncertainties could impact actual results, with factors outlined in filings with the Securities and Exchange Commission leading to potential differences in financial outcomes.

For the quarter ended March 31, 2025, CorVel’s revenues were $231.5 million, with a gross profit of $58 million and net income of $26.4 million. Diluted earnings per share were $0.51. For the fiscal year ended March 31, 2025, revenues were $895.6 million, gross profit was $209.7 million, and net income reached $95.2 million, with diluted earnings per share at $1.83.



Read more at GlobeNewswire:: CorVel Announces Revenues and Earnings