Ontrak Q1 2024 Earnings Report

Ontrak EPS Results

• Actual EPS: -$1.65
• Consensus EPS: -$2.85
• Beat/Miss: Beat by +$1.20
• One Year Ago EPS: -$33.30

Ontrak Revenue Results

• Actual Revenue: $2.68 million
• Expected Revenue: $2.70 million
• Beat/Miss: Missed by -$20.00 thousand
• YoY Revenue Growth: N/A

Ontrak Announcement Details

• Quarter: Q1 2024
• Date: 5/14/2024
• Time: After Market Closes

Ontrak (NASDAQ:OTRK) operates as an artificial intelligence powered, telehealth-enabled, and virtualized healthcare company that provides in-person services to third-party payors in the United States. Its technology-enabled platform predicts people whose chronic disease will improve with behavior change, recommends effective care pathways that people are willing to follow, and engages and guides them to and through the care they need. The company's technology enabled OnTrak program provides healthcare solutions to members with behavioral conditions that cause or exacerbate chronic medical conditions, such as diabetes, hypertension, coronary artery disease, chronic obstructive pulmonary disease, and congestive heart failure. The OnTrak integrates evidence-based psychosocial and medical interventions delivered in-person or via telehealth along with care coaching and in-market community care coordinators, who address the social and environmental determinants of health. The company was formerly known as Catasys, Inc. and changed its name to Ontrak, Inc. in July 2020. Ontrak, Inc. was incorporated in 2003 and is headquartered in Miami, Florida.