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

Ontrak

06/08/2021 23:19

* Ontrak Inc  OTRK.OQ  reported a quarterly adjusted loss of 43
cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for a loss
of 47 cents per share.
* Revenue rose 53.8% to $26.49 million from a year ago; 
analysts expected $20.83 million. 
* Ontrak Inc's reported EPS for the quarter was a loss of 33
cents​.
* The mean earnings estimate of analysts had fallen by
about 20.5% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Ontrak Inc shares had fallen by 17.0% this quarter and
lost 56.4% so far this year.
* The company reported a quarterly loss of $5.96 million.
* Wall Street's median 12-month price target for Ontrak Inc is
$38.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 6 at 10:19 p.m.  ​All
figures in US dollars unless otherwise stated