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

Ontrak

11/05/2022 22:58

* Ontrak Inc  OTRK.OQ  reported a quarterly adjusted loss
of 81
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss
of 72 cents per share.
    * Revenue fell 81.7% to $5.26 million from a year ago; 
analysts
expected $4.76 million. 
    * Ontrak Inc's reported EPS for the quarter was a loss of 81
cents​.
    * The mean earnings estimate of analysts had risen by
about 17% 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 44.8% this quarter and
lost 80.1% so far this year.
    * The company reported a quarterly loss of $16.88 million.
    * Wall Street's median 12-month price target for Ontrak Inc
is
$5.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated May 11 at 09:58 p.m.  ​All
figures in US dollars unless otherwise stated