Ontrak (NASDAQ:OTRK) reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Ontrak beat estimated earnings by 14.86%, reporting an EPS of $-0.63 versus an estimate of $-0.74.
Revenue was down $22.58 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 21.82% increase in the share price the next day.
Here’s a look at Ontrak’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.72 | -0.65 | -0.65 | -0.47 |
| EPS Actual | -0.67 | -0.59 | -0.35 | -0.12 |
| Revenue Estimate | 4.76M | 12.76M | 15.89M | 20.82M |
| Revenue Actual | 5.26M | 10.33M | 18.59M | 26.48M |
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.
