Ontrak (OTRK) Tops Q4 EPS by 3c; Offers FY21 Revenues Guidance Above Consensus

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Go back to Ontrak (OTRK) Tops Q4 EPS by 3c; Offers FY21 Revenues Guidance Above Consensus

Ontrak Announces 2020 Fourth Quarter and Year End Financial Results

March 9, 2021 4:05 PM EST

Record Quarterly Revenue of $29.3 million in Q4 2020, up 149% year over year and up 22% from Q3 2020 Operating loss of $1.8 million in Q4 2020, a 74% improvement year over year Record Quarterly Adjusted EBITDA of $2.2 million in Q4 2020, achieving positive quarterly Adjusted EBITDA for the first time Full Year Revenue of $82.8 million, up 136% year over year 2021 Outlook revenue of $100 Million Raised $44.9 million in Q4 2020, $41.4 million net of related fees, by completing a follow-on offering of Non-Convertible Cumulative Perpetual Preferred Stock Acquired LifeDojo Inc. in Q4... More