Ontrak Q2 Adj EPS $(1.66) Down From $(0.63) YoY, Sales $2.96M Down From $3.90M YoY
Portfolio Pulse from saritha@benzinga.com
Ontrak reported Q2 losses of $(1.66) per share, a 163.49% decrease YoY. The company's sales also decreased by 24.16% to $2.96 million compared to $3.90 million in the same period last year.
August 09, 2023 | 8:15 pm
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NEGATIVE IMPACT
Ontrak's Q2 earnings report shows a significant YoY decrease in both EPS and sales, which could negatively impact the company's stock price.
Ontrak's Q2 earnings report shows a significant year-over-year decrease in both earnings per share and sales. This indicates a decline in the company's financial performance, which could negatively impact investor sentiment and lead to a decrease in the company's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100