---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-023197"
form_type: "8-K"
ticker: null
cik: "0001136174"
company_name: "Ontrak, Inc."
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T00:17:18.370432+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-24-023197
- form_type: 8-K
- cik: 0001136174
- company_name: Ontrak, Inc.
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1136174/000162828024023197/0001628280-24-023197-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1136174/000162828024023197/cats-20240514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-023197
- JSON: https://secwatch.observer/filing/0001628280-24-023197.json
- Plain text: https://secwatch.observer/filing/0001628280-24-023197.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136174/000162828024023197/0001628280-24-023197-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.