CorVel Corporation
Q1 2014 Earnings Call Transcript

Published:

  • Operator:
    Thank you for standing-by. Welcome to the CorVel Corporation earnings release conference call. During the course of this conference call, CorVel Corporation may make projections or other forward-looking statements regarding future events or the future financial performances of the company. CorVel wishes to caution you that these statements are only predictions and that actual events or results may differ materially. CorVel refers you to the documents the company files from time-to-time with the Securities and Exchange Commission, specifically the company's last Form 10-K and 10-Q files for the most recent fiscal year and quarter. These documents contain and identify important factors that could cause the actual results to differ materially from those contained in our projections or forward-looking statements. At this time, all participants are in a listen-only mode. A question-and-answer session will be conducted later in the call with instructions being given at that time. As a reminder, this conference call is being recorded. I would now like to turn the conference over to your host, Mr. Gordon Clemons. Sir, please go ahead.
  • Gordon Clemons:
    Thank you for joining us to review CorVel's June quarter. Revenues for the June quarter were $118 million, 13% over the $105 million in revenue for the June 2012 quarter. Split adjusted earnings per share for the quarter ended June 30, 2013 were $0.40, up 38% from $0.29 in the same quarter of the prior year. During the quarter, the stock was split 2
  • Operator:
    (Operator Instructions). So there are no questions at this time. Mr. Clemons, do you have any further comments?
  • Gordon Clemons:
    Yes, I would just like to thank everyone for joining us today. And since a lot of our audience are made up of associates of CorVel, I would like to take this opportunity to thank them for all their work this last year and especially in this last quarter. We are involved in a very unique time and healthcare and I think we all have a chance to make a difference and it's a pleasure to be associated with all of you and I think we are in for an interesting time. We look forward to talking to the investors again in another quarter, thank you.
  • Operator:
    Thank you. This concludes our conference call for today. Thank you for your participation. Please disconnect at this time.

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