Ontrak Inc (OTRK) Q3 2024 Earnings Call Highlights: Navigating Revenue Decline with Strategic ... [Yahoo! Finance]
Ontrak, Inc. (OTRK)
Company Research
Source: Yahoo! Finance
Gross Margin: 62%, down from 65.6% in Q2 2024 and 72% in Q3 2023. Operating Cash Flow: Negative $1.4 million in Q3. Cash Reserves: $8 million at quarter end. New Members Added: 1,166 in Q3. Net Member Increase: 313 members during the quarter. Enrollment Rate: 64% in Q3, up from 61% in Q2 2024 and 50% in Q3 2023. Projected Q4 Revenue: $2.9 million to $3.2 million, a 12% to 23% sequential increase. Warning! GuruFocus has detected 4 Warning Signs with OTRK. Release Date: November 13, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Ontrak Inc ( NASDAQ:OTRK ) announced a new customer expansion with Sentara Health plans, offering services to approximately 20,000 members. The company has secured two new regional health plan customers and four health plan expansions since January, showcasing the versatility of its offerings. Ontrak Inc ( NASDAQ:OTRK ) is achieving a greater than 50% outreach success rate, more t
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OTRK
News
- Ontrak Health Announces 2024 Third Quarter Financial ResultsBusiness Wire
- Ontrak, Inc. (OTRK) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release [Yahoo! Finance]Yahoo! Finance
- Ontrak Health Expands Behavioral Health Solutions with Sentara Health Plans for Commercial and Marketplace PopulationsBusiness Wire
- Ontrak Health to Report 2024 Third Quarter Financial Results on November 13, 2024Business Wire
- Ontrak files offering of common stock [Seeking Alpha]Seeking Alpha
OTRK
Earnings
- 11/13/24 - Beat
OTRK
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form 10-Q
- 11/13/24 - Form 8-K
- OTRK's page on the SEC website