Catasys (CATS) Releases Earnings Results, Misses Expectations By $0.01 EPS

Catasys (NASDAQ:CATS) released its quarterly earnings data on Tuesday. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.01), Fidelity Earnings reports. The firm had revenue of $1.91 million for the quarter, compared to the consensus estimate of $3.00 million. Catasys had a net margin of 50.55% and a negative return on equity of 374.49%.

Shares of NASDAQ:CATS opened at $5.07 on Thursday. Catasys has a fifty-two week low of $4.89 and a fifty-two week high of $5.06.

CATS has been the topic of a number of research reports. ValuEngine upgraded Catasys from a “sell” rating to a “hold” rating in a research report on Wednesday, May 2nd. Zacks Investment Research upgraded Catasys from a “sell” rating to a “hold” rating in a research report on Thursday, February 8th.

In related news, Director Michael Edward Sherman purchased 15,550 shares of the stock in a transaction on Tuesday, March 13th. The shares were purchased at an average cost of $4.79 per share, for a total transaction of $74,484.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 92.20% of the company’s stock.

About Catasys

Catasys, Inc provides big data predictive analytics, artificial intelligence and telehealth, combined with human intervention services to health plans and other third party payors. It offers OnTrak solution to improve treatment outcomes and lower the utilization of medical and behavioral health plan services.

Earnings History for Catasys (NASDAQ:CATS)

Receive News & Ratings for Catasys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Catasys and related companies with's FREE daily email newsletter.

Leave a Reply