Ontrak Inc reports results for the quarter ended in December - Earnings Summary

Reuters04-17

* Ontrak Inc reported a quarterly adjusted loss of 29 cents per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of $-2.52. The lone analyst forecast for the quarter was for a loss of 21 cents per share.

* Revenue rose 41% to $3.54 million from a year ago; analysts expected $4.04 million.

* Ontrak Inc's reported EPS for the quarter was a loss of 29 cents.

* The company reported a quarterly loss of $8.63 million.

* Ontrak Inc shares had fallen by 13.1% this quarter and gained 9.7% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts was unchanged in the last three months.

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the healthcare facilities & services peer group is also "buy"

Wall Street's median 12-month price target for Ontrak Inc is $4.00 This summary was machine generated from LSEG data April 16 at 09:49 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Dec. 31 2023 -0.21 -0.29 Missed

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