Ontrak Q1 revenue up 6% to $2.7M; operating loss narrows 41% to $4.3M

Ontrak, Inc.

2024-Q1 EPS reported -$0.11 revenue$2,680,000

Revenue $2.7M (+6% YoY); operating loss $(4.3)M vs $(7.2)M YoY.
Net loss $(4.5)M ($(0.11) diluted EPS) vs $(8.4)M ($(2.26)) YoY.
Adjusted EBITDA $(3.4)M, a 38% improvement over $(5.4)M in Q1 2023.
New customer agreement with Community Care Plan approved by Florida AHCA for adult Medicaid population.
NPS score of 77; medical cost savings reduction of 43% and inpatient admissions reduction of 62% cited.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Ontrak, Inc. reported the quarter ended March 31, 2024 results: revenue $2.7 million, net income $(4.5) million, EPS $(0.11) diluted net loss per common share.

Period: the quarter ended March 31, 2024
Revenue: $2.7 million
Net income: $(4.5) million
EPS: $(0.11) diluted net loss per common share
Result: reported results

Exact text from the filing

specific reference in such filing. --- EX-99.1 (EX-99.1) --- News Release For Immediate Release Ontrak Health Announces 2024 First Quarter Financial Results • Q1 Revenue of $2.7 million, up 6% year over year • Q1 operating loss of $(4.3) million, a 41% improvement year over year • Q1 adjusted EBITDA of $(3.4) million, a 38% improvement year over year • Company

View on SEC.gov

1047 earnings releases filed in the last 30 days. Browse all earnings releases →

Source: SEC EDGAR

accession 0001628280-24-023197

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.