Ontrak

Ontrak, Inc. engages in the provision of data analytics based behavioral health management and integrated treatment services to health plans. It offers services through its Ontrak platform solution, which is designed to improve member health, and at the same time, lower costs to the insurer for underserved populations where behavioral health conditions cause or exacerbate co-existing medical conditions. The company was founded by Terren S. Peizer in February 2003 and is headquartered in Henderson, NV.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Ontrak Health reports revenue growth and program success in Q1

Ontrak Health's Q1 performance showed revenue growth and strong enrollment rates.
While facing cash decline and margin challenges, the company is pursuing new growth avenues.
Opportunities lie in expanding customer base, finalizing contracts, and leveraging successful programs.

Ontrak Health reports Q3 revenue decline but anticipates Q4 growth

Ontrak Health faced a revenue decline in Q3 2024 but anticipates sequential growth in Q4 with new outreach initiatives. The company demonstrated product versatility and expansion with new customer signings and active prospects, indicating potential growth opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ontrak, Inc. engages in the provision of data analytics based behavioral health management and integrated treatment services to health plans. It offers services through its Ontrak platform solution, which is designed to improve member health, and at the same time, lower costs to the insurer for underserved populations where behavioral health conditions cause or exacerbate co-existing medical conditions. The company was founded by Terren S. Peizer on February 13, 2003 and is headquartered in Miami, FL.

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 second quarter ended June 30, 2023. Management Commentary “We are encouraged by our new customer agreement and other positive developments in our pipeline, which we believe validate our go-to-market strategy that positions us for a return to growth,” said Brandon LaVerne, the Company's Chief Execut.

Ontrak Announces 2023 Second Quarter Financial Results

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 increase of new behavioral health diagnoses following enrollment in the WholeHealth+ program. The analysis focused on members' diagnoses 12 months post-enrollment compared to their diagnoses within the 12 months pre-enrollment, ensuring a comprehensive evaluation of the program's impact on identifying.

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, announced today that it will effect a 1-for-6 reverse split of its outstanding shares of common stock, effective at 6:00 p.m. Eastern Time on July 27, 2023. The company's common stock is expected to trade on the Nasdaq Capital Market on a post-split basis at the open of trading on July 28, 2023. The company's common stock will continue to trade under the symbol “OTRK,”.

Ontrak, Inc. Announces 1-for-6 Reverse Split

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 financial results for the second quarter 2023 on Wednesday, August 9, 2023, after market close. Company management will host a corresponding conference call at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time. Conference Call & Webcast Details The conference call can be accessed by registering.

Ontrak to Report 2023 Second Quarter Financial Results on August 9, 2023

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 for Quality Assurance (NCQA) as a Credentials Verification Organization (CVO) for the element of license to practice. This certification further validates Ontrak's commitment to maintaining the highest standards of quality and compliance in its suite of health care solutions, enabling its customers.

Ontrak Achieves NCQA Certification as a Credentials Verification Organization, Reinforcing Commitment to Quality Assurance in Healthcare

Ontrak, Inc. (NASDAQ:OTRK ) Q1 2023 Earnings Conference Call May 10, 2023 4:30 PM ET Company Participants Ryan Halsted - Investor Relations Brandon LaVerne - Chief Executive Officer and COO Mary Lou Osborne - President and CCO James Park - Chief Financial Officer Conference Call Participants Operator Good day. Thank you for standing by.

Ontrak, Inc. (OTRK) Q1 2023 Earnings Call Transcript

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 first quarter ended March 31, 2023. Management Commentary "We continue to be encouraged by market feedback to our new modularized WholeHealth set of solutions. This, coupled with improved cost controls and new expansion with existing customers, have us on good footing as we work hard to sign new cu.

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 announced it will report financial results for the first quarter 2023 on Wednesday, May 10, 2023, after market close. Company management will host a corresponding conference call at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time. Conference Call & Webcast Details The conference call can be accessed by registering online for dial-in.

Ontrak to Report 2023 First Quarter Financial Results on May 10, 2023

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 meets the minimum bid price requirement set forth in Nasdaq Listing Rule 5555(a)(1) (the “Minimum Bid Price Requirement”) because the closing bid price for the Company's 9.50% Series A Cumulative Perpetual Preferred Stock (the “Preferred Stock”) was less than $1.

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)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled health care company, today announced it had expanded its Active Outreach Pool (AOP) of eligible members for enrollment in its Wholehealth+ program to nearly 9,000.

Ontrak Health Nearly Doubles Its Active Outreach Pool Through Customer Expansions and Improvements to Its Proprietary and Predictive Algorithms

HENDERSON, Nev. & NEW YORK--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled health care company, and MyndYou, creators of an AI-powered Virtual Care Coordinator, today jointly announced that Ontrak Health will use MyndYou's MyEleanor, an AI-powered conversational platform, to engage with members, triage needs, and address issues pertaining to behavioral, medical, or social care needs.

Ontrak Health Will Bring MyndYou's AI-Powered, Active Listening Virtual Care Assistant to Its Behavioral Health Members

Ontrak, Inc. (NASDAQ:OTRK ) Q4 2022 Earnings Conference Call March 15, 2023 4:30 PM ET Company Participants Ryan Halsted - Investor Relations Brandon LaVerne - Chief Executive Officer and COO Mary Lou Osborne - President and CCO James Park - Chief Financial Officer Conference Call Participants Operator Good day. And welcome to the Ontrak Fourth Quarter 2022 Earnings Call.

Ontrak, Inc. (OTRK) Q4 2022 Earnings Call Transcript

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 fourth quarter and year ended December 31, 2022. Management Commentary “We are pleased with the progress we are making across our strong sales pipeline and the positive momentum we continue to build with our prospects,” said Brandon LaVerne, chief executive officer of Ontrak.

Ontrak Announces 2022 Fourth Quarter and Year End Financial Results

HENDERSON, Nev.--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled healthcare company, announced a partnership with Lyssn, an innovative software platform that uses AI and natural language processing to enhance communication and outcomes between healthcare professionals and their members.

Ontrak Health Partners with Lyssn.io to Strengthen Coaching Outcomes

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 results for the fourth quarter 2022 on Wednesday, March 15, 2023, after market close. Company management will host a corresponding conference call at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time.

Ontrak to Report 2022 Fourth Quarter Financial Results on March 15, 2023

HENDERSON, Nev.--( BUSINESS WIRE )--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced the company will be participating in the upcoming Healthcare IT Virtual Conference presented by the Maxim Group.

Ontrak Health to Present at the Maxim Group's Healthcare IT Virtual Conference

Greenidge Generation Holdings

Nogin Inc

Novo Integrated Sciences, Inc.

Low Float Penny Stocks Under $1 To Watch This Week. The post Best Penny Stocks To Buy?

Best Penny Stocks To Buy? 4 Low Float Stocks Under $1 To Watch

Ontrak (NASDAQ: OTRK ) stock is falling on Thursday but it's not actually due to any negative news from the healthcare company. Instead, today's dip is simply shares giving up some of the ground they gained yesterday.

Why Is Ontrak (OTRK) Stock Down 14% Today?

Siyata Mobile Inc.

Volta

Can these tips help you profit with penny stocks The post Not Making Money With Penny Stocks? Use These 3 Tips  appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Not Making Money With Penny Stocks? Use These 3 Tips

Ontrak (NASDAQ: OTRK ) stock is potentially on track to more than double today. So, what's going on exactly?

Why Is Ontrak (OTRK) Stock Up 120% Today?

HENDERSON, Nev.--( BUSINESS WIRE )--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced initial assessment results showing that after six months, 30% of assessed Ontrak Wholehealth+ members sustained a clinically significant reduction in anxiety symptoms and 55% sustained a clinically significant reduction of depressive symptoms. Ontrak Health is one of the only behavioral services companies of its kind to institute formal PHQ-9 and GAD-7 assessments to gain valuable insights into their members' progress in mental health care and give them the support they need to manage their symptoms, improve their overall well-being, and help healthcare professionals in tailoring treatment plans and interventions to meet the specific needs of each patient.

New Data Shows Significant Reduction in Depression and Anxiety Symptoms For Ontrak Health's Innovative Wholehealth+ Program Members

HENDERSON, Nev.--( BUSINESS WIRE )--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, announced it has signed an amendment with one of its long-standing customers, Optima Health, that will focus its cutting-edge Wholehealth+ care program on Optima Health's highest acuity and cost-prohibitive members within their commercial line of business.

Ontrak Health and Optima Health Sign New Amendment to Impact Highest Acuity Members

HENDERSON, Nev.--( BUSINESS WIRE )--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced the publishing of its Treatment Effect Study in the prestigious American Journal of Managed Care.

Prestigious American Journal of Managed Care Publishes Landmark Ontrak Treatment Effect Study

Ontrak, Inc. (NASDAQ:OTRK ) Q3 2022 Earnings Conference Call November 9, 2022 4:30 PM ET Company Participants Ryan Halsted - IR Terren Peizer - CEO James Park - CFO Mary Osborne - CCO Brandon LaVerne - COO Conference Call Participants Bill Sutherland - Benchmark Company Operator Good day, and thank you for standing by. Welcome to the Ontrak Third Quarter 2022 Earnings Call.

News for Ontrak Stock (OTRK)