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.
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.
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