Catasys Reports 2018 First Quarter Financial Results

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Catasys (CATS) Misses Q1 EPS by 8c, Miss on Revenues

May 15, 2018 4:03 PM EDT

Catasys (NASDAQ: CATS) reported Q1 EPS of ($0.27), $0.08 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $1.9 million versus the consensus estimate of $3.35 million.

Q1 2018 Record Billings of $3 Million, Up 33% Year over Year and Up 20% from Q4 Excluding Savings ShareEnrolled 933 New Members in Q1 2018, Up 65% from New Members Enrolled in Q4 2017Achieved $2.3 Million in Billings in April 2018, Highest Monthly Billings in Companys HistoryCompany Reiterates 2018 Billings Guidance of $20.0 MillionOutreach Pool Nearing Approximately 36,000, 44% Increase from End of... More