CorVel Q1 Revenue Jumps 11% to $260M, EPS Up 21% on Service Expansion
CRVL sits 32% above its 52-week low of $44.83.
Summary
CorVel's fiscal Q1 revenue rose 11% to $260 million, with diluted EPS up 21% to $0.63, driven by expanded Executive Advisory Services and payment integrity investments. The company repurchased $21.8 million in stock during the quarter, continuing its aggressive buyback program. This follows a strong FY2026 where revenue grew 7% to $959 million and net income rose double digits. The debt-free balance sheet and accelerating growth signal sustained momentum. No specific guidance was provided, but the operational investments suggest confidence in future demand.
At the time of this announcement, CRVL was trading at $59.10 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $3B. The 52-week trading range was $44.83 to $93.71. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.