Earnings Call Summary | Ontrak(OTRK.US) Q2 2024 Earnings Conference
Earnings Call Summary | Ontrak(OTRK.US) Q2 2024 Earnings Conference
The following is a summary of the Ontrak, Inc. (OTRK) Q2 2024 Earnings Call Transcript:
以下是Ontrak, Inc. (ontrak) 2024 Q2業績會簡報:
Financial Performance:
金融業績:
Ontrak reported Q2 2024 revenue of $2.5 million, a 17% year-over-year decrease.
Revenue per health plan enrolled member per month decreased to $463, compared to $528 in Q2 2023.
Gross margin for Q2 was 65.7%, a slight increase from 63.6% in Q1 2024 but down from 72.8% in Q2 2023.
Cash flow from operations was negative $4.5 million in Q2, an improvement from negative $5.1 million the prior year.
Ontrak projects Q3 2024 revenues to be between $2.4 million to $2.8 million.
Ontrak報告2024年Q2營業收入爲250萬美元,同比下降17%。
每位健康計劃註冊成員每月收入下降到463美元,而2023年Q2爲528美元。
Q2毛利率爲65.7%,略高於2024年Q1的63.6%,但較2023年Q2的72.8%下降。
Q2運營現金流爲負450萬美元,較上一年的負510萬美元有所改善。
Ontrak預計2024年Q3的收入將在240萬美元至280萬美元之間。
Business Progress:
業務進展:
Ontrak signed a contract with a major Northeast regional health plan which will potentially double their current outreach pool.
The company plans to launch its WholeHealth+ program and Engage Coaching Only solution with the new customer within the next 60 days.
Ontrak's solutions have demonstrated statistically significant medical cost savings in a final study with an existing Medicaid customer.
The pipeline remains strong with 26 active prospects representing about 15 million members across various business lines.
Ontrak與一個東北部區域型健康計劃簽訂了合同,該計劃有可能將他們當前的外展範圍擴大一倍。
公司計劃在接下來的60天內與新客戶推出其WholeHealth+計劃和Engage Coaching Only解決方案。
Ontrak的解決方案在一份針對現有醫療救助客戶的最終研究中證明了顯著的醫療成本節省性。
流水線仍然強大,目前有26個活躍前景,代表着各種業務線上約1500萬會員。
Opportunities:
機會:
Ontrak's new contracts and expansion into additional regions in Florida with community care plans denotes potential growth in their operational scale and service delivery.
The technological advancements such as AI implementation and Mental Health Digital Twin technology are set to enhance their service offerings and customer satisfaction.
Ontrak的新合同及其在佛羅里達州社區保健計劃中進一步擴張表示其運營規模和服務投遞潛力的可能增長。
人工智能應用和心理健康數字孿生技術等技術進步有望增強其服務提供和客戶滿意度。
Risks:
風險:
Ontrak faces risks in integrating new pricing strategies and managing a higher portion of Engage members, which potentially lowers revenue per enrolled member.
Financial dependence on securing additional capital, such as through the Keep Well Agreement and exercise of warrants, reflects some liquidity risks and the need for sustainable funding.
Ontrak面臨併購新定價策略和管理更高份額Engage成員的風險,這可能降低每個註冊成員的營業收入。
財務上的依賴獲取額外資本,如Keep Well協議和行使期權,反映出一些流動性風險和可持續資金的需求。
More details: Ontrak IR
更多詳情:Ontrak 投資者關係
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:本文由AI生成。文章內容的準確性無法完全保證。有關更全面的詳細信息,請參閱IR網站。本文只是爲投資者提供參考,沒有任何指導或推薦建議。