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Investing.com - Ontrak reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Ontrak announced earnings per share of $-0.48 on revenue of $2.8M. Analysts polled by Investing.com EPS of $-0.54 on revenue of $4.55M.
Ontrak 's are down 19% and is trading at $0.40 , still down 95.98% from its 52 week high of $9.45 set on Tuesday, November 9, 2021.
Ontrak shares gained 5.26% to trade at $0.40 in after-hours trade the report.
Ontrak follows other major Healthcare sector earnings this month
Ontrak's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, for EPS of $2.52 on revenue of $23.46B.
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