CorVel Corporation reported revenues of $136.03 million and earnings per share of $0.65 for the quarter ended September 30, 2020. The company highlighted the strength of its business fundamentals and the accelerated adoption of technology, particularly telehealth, which contributed to improved results.
Revenues for the quarter ended September 30, 2020, reached $136.03 million.
Earnings per share for the quarter ended September 30, 2020, were $0.65.
The company experienced an exponential increase in telehealth usage, leading to improved results.
CorVel has formed strategic alliances to improve healthcare payment operations and reduce inappropriate spending.
While the document contains forward-looking statements, there is no specific financial guidance included.