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

Ontrak

09/11/2022 22:03

* Ontrak Inc  OTRK.OQ  reported a quarterly adjusted loss
of 62
cents​​ per share for the quarter ended in September. The lone
analyst forecast for the quarter was for a loss of 71 cents per
share.
    * Revenue fell 84.7% to $2.84 million from a year ago;
analysts
expected $3.00 million. 
    * Ontrak Inc's reported EPS for the quarter was a loss of 62
cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.7%
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 10.8% this quarter and
lost 93.3% so far this year.
    * The company reported a quarterly loss of $15 million.
    * Wall Street's median 12-month price target for Ontrak Inc
is
$3.00 
    * 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." 

This summary was machine generated from Refinitiv data November
9 at 10:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.71          -0.62          Beat
 Jun. 30 2022      -0.72          -0.83          Missed
 Mar. 31 2022      -0.72          -0.81          Missed
 Dec. 31 2021      -0.65          -0.74          Missed