Ontrak reports Q1 EPS ($1.65) vs. ($1.65) last year

Reports Q1 revenue $2.0M vs. $2.7M last year. Brandon LaVerne, Ontrak (OTRK) Health’s Chief Executive Officer, stated, “We are thrilled to report that membership in our Ontrak programs has nearly doubled year over year, validating our multi-solution approach across Medicare Advantage, Medicaid, and Commercial populations. Our AI-driven Advanced Engagement System has transformed how we deliver care, enabling unprecedented operational efficiency while maintaining our focus on the human elements that drive meaningful outcomes. Our successful implementations at Intermountain Health and our Northeast Regional Plan, coupled with our optimism on converting prospects in our pipeline, provide a path to doubling our run-rate revenue in 2025.”