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Jun 30, 2021
CorVel Q1 2022 Earnings Report
CorVel's Q1 2022 revenues and earnings were announced.
Key Takeaways
CorVel Corporation announced its Q1 2022 results, with revenues reaching $153 million, an increase from $130 million in the same quarter of the previous year. Earnings per share for the quarter were $0.92, compared to $0.46 in the prior year. The quarter-ending cash balance was $139 million, up $45M from June 30, 2020.
Revenues for the quarter were $153 million, up from $130 million in the same quarter of the previous year.
Earnings per share for the quarter were $0.92, compared to $0.46 in the same quarter of the prior year.
The quarter-ending cash balance was $139 million, up $45M from June 30, 2020.
Increased demand is expected for risk management services due to industry resourcing difficulties.