Ontrak (NASDAQ:OTRK) Issues Quarterly Earnings Results, Misses Expectations By $8.19 EPS

Ontrak (NASDAQ:OTRK) released its earnings results on Monday. The company reported ($9.54) earnings per share for the quarter, missing the consensus estimate of ($1.35) by ($8.19), Zacks reports. Ontrak had a negative return on equity of 171.34% and a negative net margin of 237.77%. The business had revenue of $3.08 million for the quarter, compared to the consensus estimate of $3.08 million. During the same quarter in the previous year, the company earned ($4.32) earnings per share. Ontrak updated its Q1 2025 guidance to EPS.

Ontrak Trading Up 5.8 %

NASDAQ OTRK traded up $0.09 during trading hours on Monday, hitting $1.66. 34,434 shares of the company’s stock were exchanged, compared to its average volume of 456,990. The stock has a 50-day simple moving average of $1.52 and a 200 day simple moving average of $1.73. The firm has a market cap of $7.00 million, a price-to-earnings ratio of -0.16 and a beta of 2.93. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.19. Ontrak has a 1-year low of $1.27 and a 1-year high of $7.59.

Ontrak Company Profile

Ontrak, Inc 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.