CorVel Corp. on Thursday reported net income of $11.8 million for the quarter that ended on March 31, an increase from net income of $8.96 million in the prior-year quarter.
For the fiscal year ending March 31, CorVel’s net income was $46.7 million, a 31% increase from $35.7 million in the fiscal year ending March 31, 2018.
Revenues for the quarter were $151 million, and fiscal year revenues were $596 million, increases of 5.2% and 6.7% from the respective prior-year periods.
Revenues for the quarter were driven by CorVel’s patient management third-party administration busi...
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