CorVel Corp.: The Irvine provider of managed-care...

CorVel Corp.: The Irvine provider of managed-care services posted net income of $7.3 million, or $1.57 a share, for the fiscal year ended March 31, up 24% from the $5.9 million, or $1.30 a share, earned the previous year. Revenue reached a record $109.1 million, 14% higher than the $95.8 million reported for fiscal 1995. Fourth-quarter net income rose 19% to $1.9 million, or 41 cents a share, from $1.6 million, or 35 cents a share, for the corresponding quarter a year ago. Revenue was up 8% to $28.3 million from $26.1 million.