CorVel Corp.: The Irvine provider of medical...

CorVel Corp.: The Irvine provider of medical cost containment and managed care services reported a profit of $1.3 million, or 30 cents a share, for its latest quarter. That was up 46% from earnings of $918,000, or 22 cents a share, for the same period a year earlier. Revenue for the company’s first quarter, which ended June 30, was up 17% to $22.1 million from $18.9 million.