Thank you for standing by. Welcome to the CorVel Corporation quarterly earnings release webcast. During the course of this webcast, 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 that 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. I would now like to turn it over to Michael Combs, President and Chief Executive Officer.

Good morning, and thank you for joining us to review CorVel's September quarter. On the call with me today is Brandon O’Brien, CorVel's Chief Financial Officer. Today, I'll be discussing the current environment, business performance, market trends, services we're focusing on and progress on strategic software initiatives. Brandon will then provide additional insight into our financial results for the September quarter. Earnings per share for the quarter ended September 30, 2020, were $0.65. Revenues for the period were $136 million. Though we remain in an uncertain environment, our business fundamentals are sound and performed well during the quarter. In conjunction with robust year-to-date sales of new business, adjustments made to operational parameters in response to the pandemic contributed to strong cash flows. At the end of the March quarter, which also marked the start of the pandemic, we created both optimistic and pessimistic financial models to represent the potential impact of COVID-19 on our business. The results achieved during the quarter exceeded the most optimistic models, though they were lower than those of the September quarter of 2019. Fortunes and fates are in our hands; we're capable of thriving in difficult times. Intellectual capital has become more important than financial capital, and we intend to do better converting the latter into the former. Our perspective for the future is one of optimism. The market is dynamic, and there are opportunities for those correctly positioned to meet evolving market needs. I'll touch on a few market highlights here before we review the line of business results. The pandemic has accelerated adoption of new technology and driven our digital strategy forward. Our model in these last 30-plus years has been to pair industry professionals with expert systems to achieve enhanced results. In some cases, our vision has preceded the willingness of the…

This concludes today's webcast. You may disconnect your lines at this time.