CorVel Corp. (CRVL) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. Welcome to Corvell Corporation quarterly earnings release webcast. During the course of this webcast, Corvell Corporation will make projections or other forward-looking statements regarding future events or future financial performances of the company. Corvell wishes to caution you that these statements are only predictions and that actual events or results may differ materially. Corvell refers you to the documents in the company's files from time to time with the Securities and Exchange Commission, specifically the company's last Form 10-K and 10-Q filed for the most recent fiscal year and quarter. These documents contain and identify important factors that could cause actual results to differ materially from those contained in our projections and forward-looking statements. I would now like to turn the call over Michael Combs, President and Chief Executive Officer. Mike, you may proceed. Thank you. Good morning, and thank you for joining us to review Corvell's December quarter results. I'm very pleased to have Brian Nichols, Corvell's Chief Financial Officer, on the call today. Thank you, Michael, and good morning, everyone. It's a pleasure to join the call this morning. Today, we're going to review operational performance, including 2025 highlights, a deeper dive into the value AI is bringing to our business model, key growth drivers, and the market trends that are shaping our business. Brian, let's start with an overview of the quarter's financial results. Absolutely, Michael. Corvell's revenue for the nine months ending December 31, 2025, were $710 million, a 7% increase from $664 million at the same period of the previous fiscal year. Fiscal year-to-date earnings per share were $1.53 million, up 16% compared to $1.32 during the nine m...