Revenue of $28.7 million, up 133% year over year Operating loss of $(2.9) million, a 52% improvement year over year Adjusted EBITDA of $1.9 million, achieving consecutive quarterly positive Adjusted EBITDA Record quarterly cash flow from operations of $6.4 million, […]
Tag: Ontrak
Ontrak Declares Quarterly Dividend on 9.50% Non-Convertible Series A Preferred Stock
SANTA MONICA, Calif.–(BUSINESS WIRE)–Ontrak, Inc. (NASDAQ: OTRK) (NASDAQ: OTRKP) (“Ontrak” or the “Company”) today announced that its Board of Directors has declared the third quarterly cash dividend for the Company’s 9.50% Series A Cumulative Perpetual Preferred Stock (the “Series A Preferred Stock”). […]
Ontrak Announces 2020 Fourth Quarter and Year End Financial Results
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 […]
Ontrak Pre-Announces 2020 Fourth Quarter and Year End Financial Results
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 […]
Ontrak Announces Closing of Follow-On Offering of Non-Convertible Preferred Stock
Company to use non-dilutive capital for working capital, M&A, investment in technology SANTA MONICA, Calif.–(BUSINESS WIRE)–Ontrak, Inc. (NASDAQ: OTRK, OTRKP) (“Ontrak” or the “Company”), a leading AI-powered and telehealth enabled, virtualized healthcare company, today announced that it has closed its previously announced […]
Ontrak Announces Follow-On Offering of Non-Convertible Perpetual Preferred Stock
Company to use non-dilutive capital for working capital, M&A, investment in technology SANTA MONICA, Calif.–(BUSINESS WIRE)–Ontrak, Inc. (NASDAQ: OTRK, OTRKP) (“Ontrak” or the “Company”), a leading AI-powered and telehealth enabled, virtualized healthcare company, today announced that it has commenced an underwritten public offering […]
Ontrak Announces 2020 Third Quarter Financial Results
Record Quarterly Revenue of $24.0 Million in Q3 2020, up 172% Year over Year and up 39% from Q2 2020 Adjusted EBITDA Positive in last 2 months of Q3. Expect to be Significantly Adjusted EBITDA positive in 2021 Revenue Growth […]
Ontrak Announces Full Exercise of Overallotment Option in Public Offering of Non-Convertible Preferred Stock
Company to use non-dilutive capital for working capital, M&A, investment in technology SANTA MONICA, Calif.–(BUSINESS WIRE)–Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth enabled, virtualized outpatient healthcare treatment company, today announced that it has closed the full […]
Ontrak Announces NASDAQ Global Market Listing
SANTA MONICA, Calif.–(BUSINESS WIRE)–Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth enabled, virtualized outpatient healthcare treatment company, today announced that the company’s Common Stock has been listed on the NASDAQ Global Market. Ontrak shares will continue to […]
Ontrak Announces Closing of Public Offering of Non-Convertible Preferred Stock
Company to use non-dilutive capital for working capital, M&A, investment in technology SANTA MONICA, Calif.–(BUSINESS WIRE)–Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth enabled, virtualized outpatient healthcare treatment company, today announced that it has closed its previously […]
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