Ontrak (NASDAQ:OTRK) reported its Q1 earnings results on Wednesday, May 11, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Ontrak beat estimated earnings by 6.94%, reporting an EPS of $-0.67 versus an estimate of $-0.72.
Revenue was down $23.46 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 14.96% drop in the share price the next day.
Here's a look at Ontrak's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.65 | -0.65 | -0.47 | -0.34 |
| EPS Actual | -0.59 | -0.35 | -0.12 | -0.17 |
| Revenue Estimate | 12.76M | 15.89M | 20.82M | 25.70M |
| Revenue Actual | 10.33M | 18.59M | 26.48M | 28.72M |
To track all earnings releases for Ontrak visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
