FORT WORTH, Texas, Aug. 02, 2022 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL) announced the results for the quarter ended June 30, 2022. Earnings per share for the quarter were $0.94, compared to $0.92 in the same quarter of the prior year. Revenues for the quarter were $176 million, an increase from $153 million in the same quarter of the previous year.
The Company’s conservative approach to business continues to support a high return on equity despite current inflation and economic dynamics. Revenue growth in the year has been strong led by CERiS, in the payment integrity space. The results achieved are a continuation of top-line growth from June quarters in the years prior, discounting the pandemic low from 2020.
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