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Dec 31, 2020
CorVel Q3 2021 Earnings Report
CorVel's Q3 2021 earnings were announced, revealing improved business performance and record new sales.
Key Takeaways
CorVel Corporation reported earnings for the quarter ended December 31, 2020, with revenues of $141.51 million and earnings per share of 63 cents. The company experienced improved business performance compared to the same quarter in the previous year, driven by operational advancements and increased business development, with record new sales for the calendar year.
Earnings per share for the quarter ended December 31, 2020, were 63 cents.
Revenues for the quarter ended December 31, 2020, were $141.51 million.
Business performance improved over the December 2019 quarter due to operational advancements and increased business development.
New sales reached a record for the calendar year, particularly in claims administration and CERiS commercial health review business.
Forward Guidance
The company did not provide forward guidance in the earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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