Catasys (CATS) Tops Q1 EPS by 5c

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Catasys Announces First Quarter 2015 Financial Results

May 18, 2015 8:31 AM EDT

LOS ANGELES, May 18, 2015 /PRNewswire/ -- Catasys, Inc. (OTCQB: CATS), provider of proprietary health management services to health insurers and employers, today reported its first quarter 2015 financial results for the period ended March 31, 2015.

First Quarter 2015 Financial and Operational Highlights:

67% increase in enrollment for the first three months ended March 31, 2015 compared with the first three months ended March 31, 2014. 118% increase in recognized revenue to $433,000 for the first quarter 2015, compared to $199,000 for the first quarter 2014. Deferred revenue of $515,000 at March 31,... More