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.)