Ontrak Q3 EPS $(1.61) Up From $(2.88) YoY, Sales $3.71M Up From $2.84M YoY
Portfolio Pulse from Benzinga Newsdesk
Ontrak Inc. (OTRK) reported improved financial results for Q3 with a narrower loss of $(1.61) per share compared to $(2.88) per share in the same quarter last year. Sales also increased to $3.71M from $2.84M in the same period last year, marking a 30.67% growth.
November 14, 2023 | 9:27 pm
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Ontrak Inc. reported a 44.1% improvement in quarterly losses and a 30.67% increase in sales compared to the same period last year.
The reported improvement in earnings and sales is a strong positive indicator for Ontrak, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100