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

Ontrak

09/08/2022 23:12

* Ontrak Inc  OTRK.OQ  reported a quarterly adjusted loss
of 83
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 72 cents per share.
    * Revenue fell 85.3% to $3.90 million from a year ago;
analysts
expected $4.65 million. 
    * Ontrak Inc's reported EPS for the quarter was a loss of 83
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Ontrak Inc shares had fallen by 35.8% this quarter and
lost 89.2% so far this year.
    * The company reported a quarterly loss of $17.3 million.
    * Wall Street's median 12-month price target for Ontrak Inc
is
$3.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 10:12 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.72          -0.83          Missed
 Mar. 31 2022      -0.72          -0.81          Missed
 Dec. 31 2021      -0.65          -0.74          Missed
 Sep. 30 2021      -0.65          -0.54          Beat