Ontrak, Inc. (OTRK) Reports Q3 Loss, Lags Revenue Estimates
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Ontrak, Inc. (OTRK) reported a Q3 loss of $1.77 per share, missing the Zacks Consensus Estimate of a $1.56 loss. This is an improvement from the $24.14 loss per share a year ago.
November 13, 2024 | 11:45 pm
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Ontrak, Inc. reported a Q3 loss of $1.77 per share, which is worse than the expected loss of $1.56 per share. However, this is a significant improvement from the previous year's loss of $24.14 per share.
The reported loss per share of $1.77 is worse than the expected $1.56, which is likely to negatively impact the stock price in the short term. However, the improvement from last year's $24.14 loss per share may mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100