Brief: Ontrak Announces 2022 First Quarter Financial Results

Ontrak

11/05/2022 21:42

May 11 (Reuters) - Ontrak Inc  OTRK.O :
    * ONTRAK ANNOUNCES 2022 FIRST QUARTER FINANCIAL RESULTS
    * Q1 REVENUE FELL 82 PERCENT TO $5.3 MILLION
    * NET LOSS FOR Q1 OF 2022 WAS $(14.6) MILLION, OR A $0.81
DILUTED
NET LOSS PER COMMON SHARE
    * NON-GAAP NET LOSS FOR Q1 OF 2022 WAS $(11.7) MILLION, OR A
$0.67
NON-GAAP DILUTED NET LOSS PER COMMON SHARE
    * SEES 2022 REVENUE IN RANGE OF $25 - $30 MILLION
    * Q1 EARNINGS PER SHARE VIEW $-0.72, REVENUE VIEW $4.8
MILLION --
REFINITIV IBES DATA
    * FY2022 REVENUE VIEW $37.5 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw3gcfn9a 
Further company coverage:  OTRK.O 

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