Ontrak (NASDAQ:OTRK) Issues Quarterly Earnings Results

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

Ontrak Trading Up 5.8 %

OTRK traded up $0.09 during midday trading on Monday, reaching $1.66. 34,434 shares of the company’s stock traded hands, compared to its average volume of 456,990. The stock has a market capitalization of $7.00 million, a price-to-earnings ratio of -0.16 and a beta of 2.93. Ontrak has a 52 week low of $1.27 and a 52 week high of $7.59. The firm has a fifty day moving average of $1.52 and a two-hundred day moving average of $1.73. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.17 and a quick ratio of 1.17.

About Ontrak

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.