Ontrak, Inc. (OTRK)
Market Cap | 12.76M |
Revenue (ttm) | 12.74M |
Net Income (ttm) | -36.87M |
Shares Out | 47.97M |
EPS (ttm) | -3.30 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 476,656 |
Open | 0.250 |
Previous Close | 0.250 |
Day's Range | 0.250 - 0.278 |
52-Week Range | 0.140 - 4.080 |
Beta | 2.41 |
Analysts | Strong Buy |
Price Target | 4.00 (+1,403.76%) |
Earnings Date | May 14, 2024 |
About OTRK
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. The company's technology enabled OnTrak program provides healthcare solutions to members with behavioral conditions tha... [Read more]
Financial Performance
In 2023, Ontrak's revenue was $12.74 million, a decrease of -12.20% compared to the previous year's $14.51 million. Losses were -$36.87 million, -39.08% less than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for OTRK stock is "Strong Buy" and the 12-month stock price forecast is $4.0.
News
Ontrak Health to Report 2024 First Quarter Financial Results on May 14, 2024
MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced it will report financial results for t...
Ontrak Announces 2023 Fourth Quarter and Year End Financial Results
MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today reported its financial results for the fourth qua...
Ontrak to Report 2023 Fourth Quarter Financial Results on April 16, 2024
MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced it will report financial results for th...
Ontrak Health Announces the Launch of the Ontrak Advanced Engagement System, Ushering in the Next Era of AI-enabled Behavioral Healthcare
MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and tech-enabled behavioral healthcare company, today announced the launch of its Ontrak Advanced Engagement System. This sys...
Ontrak to Participate at the 36th Annual Roth Conference
MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced management will be participating in the...
Ontrak Health Announces Continuing Expansion with Sentara Health
MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and tech-enabled behavioral healthcare company, today announced a continuing expansion of its strategic partnership with Sent...
Ontrak Health Bolsters Strategic Partnership with Sentara Health Plans
MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and tech-enabled behavioral healthcare company, today announced the expansion of its strategic partnership with Sentara Healt...
Ontrak Health Sets New Standard in Behavioral Health Care with Implementation of ReQoL Assessment in the US
MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled healthcare company, has achieved a new milestone by introducing the Recovering Quality of Life Assessm...
UE Systems, the Leader in Ultrasonic Detection Instruments and Solutions, Revolutionizes Bearing Maintenance with the Launch of OnTrak Wireless
ELMSFORD, N.Y.--(BUSINESS WIRE)--UE Systems, a pioneering force in developing ultrasonic detection instruments and solutions for maintenance and reliability, unveils its latest innovation – the OnTrak...
Ontrak Announces 2023 Third Quarter Financial Results
MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today reported its financial results for the third quar...
Ontrak, Inc. Announces Closing of $6.3 Million Public Offering, $11 Million Concurrent Private Placement and $16.3 Million Conversion of Secured Notes
MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced the closing of its previously announced...
Ontrak, Inc. Announces Pricing of $6.3 Million Public Offering, $11 Million Concurrent Private Placement and $16.3 Million Conversion of Secured Notes
MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced the pricing of a public offering of: 4,...
Ontrak to Report 2023 Third Quarter Financial Results on November 14, 2023
MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced it will report financial results for th...
Ontrak Health Achieves $750 Per Member Per Month (PMPM) Cost Savings for Prominent Health Plan's Medicaid Members with WholeHealth+ Program
MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled healthcare company, is proud to announce the promising results of a formal evaluation conducted on the...
Ontrak Announces Receipt of Notice from Nasdaq Regarding Scheduled Delisting of its 9.50% Series A Cumulative Perpetual Preferred Stock
MIAMI--(BUSINESS WIRE)--As previously announced, on April 13, 2023, Ontrak, Inc. (the “Company”) received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company no longer mee...
Ontrak Health Achieves Unprecedented Efficiency and Cost Savings with Axiom Systems TransSend Core EDI Gateway
MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled healthcare company, announced today the successful deployment of the Axiom Systems TransSend Core EDI ...
Ontrak Health's Study of Behavioral Health Patient Reported Outcomes Reveals 53-60% Reduction in Anxiety and Depressive Symptoms
HENDERSON, Nev.--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled healthcare company, is pleased to announce the results of its 9-month post baseline follow-u...
Ontrak Announces 2023 Second Quarter Financial Results
HENDERSON, Nev.--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today reported its financial results for the ...
Ontrak Health Announces Breakthrough Increase in Behavioral Health Diagnoses
HENDERSON, Nev.--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled healthcare company, has completed a study of thousands of members revealing a substantial inc...
Ontrak, Inc. Announces 1-for-6 Reverse Split
HENDERSON, Nev.--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled healthcare company, announced today that it will effect a 1-for-6 reverse split of its outsta...
Ontrak to Report 2023 Second Quarter Financial Results on August 9, 2023
HENDERSON, Nev.HENDERSON, Nev.--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced it will report...
Ontrak Achieves NCQA Certification as a Credentials Verification Organization, Reinforcing Commitment to Quality Assurance in Healthcare
HENDERSON, Nev.--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled health care company, is proud to announce its recent certification by the National Committee ...
Ontrak Announces 2023 First Quarter Financial Results
HENDERSON, Nev.--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today reported its financial results for the ...
Ontrak to Report 2023 First Quarter Financial Results on May 10, 2023
HENDERSON, Nev.--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced it will report financial resu...
Ontrak Announces Receipt of Notice from Nasdaq Regarding Non-Compliance of its 9.50% Series A Cumulative Perpetual Preferred Stock with Minimum Bid Price Requirement
HENDERSON, Nev.--(BUSINESS WIRE)--On April 13, 2023, Ontrak, Inc. (the “Company”) received a letter (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company no longer mee...