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CorVel(CRVL) - 2022 Q2 - Quarterly Report
2021-11-03 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-19291 Delaware 33-0282651 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) ...
CorVel(CRVL) - 2021 Q2 - Earnings Call Transcript
2021-11-02 18:27
CorVel Corporation (NASDAQ:CRVL) Q2 2021 Earnings Conference Call November 2, 2021 11:30 AM ET Company Participants Michael Combs - President and Chief Executive Officer Brandon O'Brien - Chief Financial Officer Conference Call Participants Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to help you navigate the audio should the corresponding text be unclear. The machine-assisted output provided is ...
CorVel(CRVL) - 2022 Q1 - Quarterly Report
2021-08-04 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-19291 CORVEL CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware 33-0282651 (State or other jurisdiction of ...
CorVel(CRVL) - 2021 Q1 - Earnings Call Transcript
2021-05-27 18:20
CorVel Corporation (NASDAQ:CRVL) Q1 2021 Earnings Conference Call May 27, 2021 11:30 AM ET Company Participants Michael Combs - President and CEO Brandon O'Brien - CFO Conference Call Participants Operator Thank you for standing by. Welcome to the CorVel Corporation Quarterly Earnings Release Webcast. During the course of this webcast, CorVel Corporation may make projections or other forward-looking statements regarding future events or the future financial performances of the company. CorVel wishes to caut ...
CorVel(CRVL) - 2021 Q4 - Annual Report
2021-05-27 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO | --- | --- | |--------------------------------------------------------------------------------------------------------------|------------------------------------- ...
CorVel(CRVL) - 2021 Q3 - Quarterly Report
2021-02-03 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | |-----------------------------------------------------------------------------------------------------|----------------------------------- ...
CorVel(CRVL) - 2020 Q4 - Earnings Call Transcript
2021-02-02 19:16
CorVel Corporation (NASDAQ:CRVL) Q4 2020 Earnings Conference Call February 2, 2021 11:30 AM ET Company Participants Michael Combs – President and Chief Executive Officer Brandon O’Brien – Chief Financial Officer Conference Call Participants Operator Thank you for standing by. Welcome to the CorVel Corporation Quarterly Earnings Release Webcast. During the course of this webcast, CorVel Corporation may make projections or other forward-looking statements regarding future events or the future financial perfor ...
CorVel(CRVL) - 2021 Q2 - Quarterly Report
2020-11-05 21:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | |-----------------------------------------------------------------------------------------------------|---------------------------------- ...
CorVel(CRVL) - 2020 Q3 - Earnings Call Transcript
2020-11-03 19:55
CorVel Corporation (NASDAQ:CRVL) Q3 2020 Earnings Conference Call November 3, 2020 11:30 AM ET Company Participants Michael Combs - President & Chief Executive Officer Brandon O'Brien - Chief Financial Officer Conference Call Participants Operator Thank you for standing by. Welcome to the CorVel Corporation Quarterly Earnings Release Webcast. During the course of this webcast, CorVel Corporation may make projections or other forward-looking statements regarding future events or the future financial performa ...
CorVel(CRVL) - 2020 Q2 - Earnings Call Transcript
2020-08-08 07:30
Financial Data and Key Metrics Changes - Earnings per share for the quarter ended June 30, 2020 were $0.46, with revenues of $129.6 million, reflecting a 14% decrease from the same quarter of the prior year [4][28] - The quarter ending cash balance was $94 million, which is up $11 million from the end of the last quarter [5][39] - Gross profit margins increased an average of 300 basis points per month during the quarter as volumes generally increased [31] Business Line Data and Key Metrics Changes - Revenue for patient management, including third-party administration and traditional case management, was $85 million, an annual increase of 14% [32] - Quarterly revenue for Telehealth services expanded nearly 300% above prior quarterly averages, indicating strong demand [33] - Revenue for Network Solutions in the wholesale market was $44 million, a decrease of 12% from the same quarter of the prior year [34] Market Data and Key Metrics Changes - The commercial health market is increasingly important to CorVel's overall results, with ongoing investment creating new growth opportunities [14] - The pandemic has led to increased demand for payment integrity solutions, with CorVel actively engaging with insurer partners to develop new services [12] Company Strategy and Development Direction - The company is focusing on technology investments to enhance virtual care functionality, which has seen a tenfold increase in demand due to COVID-19 [10][18] - CorVel's strategy includes integrating virtual care services with the intake process to improve outcomes and reduce care delays [18] - The company plans to expand its use of machine learning technology to enhance liability risk assessment [23][25] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of employee safety and liquidity management during the pandemic, which allowed for effective operational adjustments [6][29] - The company expressed confidence in its financial strength and ability to meet dynamic customer needs while continuing to deliver high-quality service [8][19] Other Important Information - CorVel restarted its stock repurchase program on June 15, 2020, after pausing it earlier in the pandemic [9][39] - The company did not apply for or receive any federal support payments during the pandemic [30] Q&A Session Summary - No specific questions or answers were documented in the provided content, indicating the end of the call without a detailed Q&A section.