Ontrak Inc reports results for the quarter ended March 31 - Earnings Summary

• Ontrak Inc OTRK.OQ reported a quarterly adjusted loss of $1.65​​ per share for the quarter ended March 31, identical to the same quarter last year. The lone analyst forecast for the quarter was for a loss of $1.24 per share.

• Revenue fell 24.7% to $2.02 million from a year ago; analysts expected $3.40 million.

• Ontrak Inc's reported EPS for the quarter was a loss of $1.65​.

• The company reported a quarterly loss of $9.13 million.

• Ontrak Inc shares had risen by 7.6% this quarter and lost 12.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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." The average consensus recommendation for the healthcare facilities & services peer group is also "buy"

• Wall Street's median 12-month price target for Ontrak Inc is $4.00

This summary was machine generated from LSEG data May 22 at 06:17 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)