Overview
* CorVel ( CRVL ) fiscal Q1 rev grows 11% yr/yr to $235 mln
* Diluted EPS for fiscal Q1 rises 24% yr/yr to $0.52
* Company acquires assets to enhance CERIS group health division
Outlook
* Company expects acquisition to be accretive to growth over medium term
* Company aims to enhance CERIS division capabilities with new assets
Result Drivers
* INNOVATION INITIATIVES - CorVel ( CRVL ) attributes quarterly results to disciplined execution and focus on long-term strategy, including innovation initiatives
* OPERATIONAL ENHANCEMENTS - Strengthened operational capabilities and improved customer outcomes contributed to performance
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q1 $235 mln
Revenue
Q1 EPS $0.52
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)