OTRK - Ontrak Non-GAAP EPS of -$0.63 misses by $0.10 revenue of $3.9M misses by $0.75M
- Ontrak press release ( NASDAQ: OTRK ): Q2 Non-GAAP EPS of -$0.63 misses by $0.10 .
- Revenue of $3.9M (-85.3% Y/Y) misses by $0.75M .
- Company pays off in full its $19.2 million outstanding loan balance; draws down $5.0 million on Keep Well Agreement
- Company raises $3.5 million, net, in a registered direct offering of shares of Company's common stock with institutional investors
- Company enters into partnership with Eleos on AI integration
- Company notes progress in sales prospect pipeline, including multiple plans in data exchange phase.
- Shares -1.27% .
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Ontrak Non-GAAP EPS of -$0.63 misses by $0.10, revenue of $3.9M misses by $0.75M