Ontrak, Inc. (OTRK) Q3 2024 Earnings Call Transcript Summary
Ontrak, Inc. (OTRK) Q3 2024 Earnings Call Transcript Summary
The company experienced a gross margin of 62%, which is lower compared to 65.6% in Q2 of 2024 and 72% in Q3 of 2023.The following is a summary of the Ontrak, Inc. (OTRK) Q3 2024 Earnings Call Transcript:
以下是Ontrak, Inc. (OTRK) 2024年第三季度業績發佈會會議紀要：
Financial Performance:
財務表現：
In Q3 2024, Ontrak, Inc. reported a revenue of $2.6 million, a 31% decrease compared to the same period last year.
Quarterly revenue per health plan enrolled member per month averaged approximately $449, reflecting a decline from previous quarters.
The company experienced a gross margin of 62%, which is lower compared to 65.6% in Q2 of 2024 and 72% in Q3 of 2023.
在2024年第三季度，Ontrak, Inc.報告營業收入爲260萬美元，同比減少31%。
每位健康計劃登記會員每月的季度平均營業收入約爲$449，較之前的季度有所下降。
公司毛利率爲62%，較2024年第二季度的65.6%和2023年第三季度的72%有所下降。
Business Progress:
業務進展：
Ontrak announced customer expansion with Sentara Health Plans, expecting to offer their Engage solution to approximately 20,000 members.
Announced a new customer, a large health plan in the Northeast, and plans to close over 30,000 HEDIS gaps in care with this customer.
Achieved a net increase of 313 members during Q3, including the addition of 1,166 new members.
Ontrak宣佈與Sentara健康計劃擴大客戶合作，預計將向約20,000名成員提供其Engage解決方案。
公告了一位新客戶，一家位於東北部的大型健康計劃，並計劃與該客戶關閉超過30,000個HEDIS護理缺口。
在第三季度實現淨增加313名成員，其中包括新增1166名成員。
Opportunities:
機會：
Expanded service offerings and customer base across multiple lines, including Medicaid HARP, Medicare Advantage, and Commercial sectors.
Projected significant revenue growth due to new launches and customer expansions, with anticipated annual revenue of $11 million to $13 million.
Significant opportunities at the bottom of the sales funnel represent an additional $9 million to $12 million of potential annual revenue.
在多個行業板塊中擴展服務產品和客戶基礎，包括醫療補助HARP、醫療保險優勢和商業領域。
預計由於新產品的推出和客戶擴展，營業收入將顯著增長，預計年營業收入在1100萬到1300萬之間。
銷售漏斗底部的重大機會代表着額外的900萬到1200萬潛在年營業收入。
Risks:
風險：
Current and future revenue decreases due to the mix shift involving newer customers with different pricing structures and the inclusion of lower revenue Engage members.
Challenges of maintaining growth and customer retention in light of economic and industry-specific pressures.
由於新客戶的定價結構不同及低營業收入的Engage成員的加入，目前和未來的營業收入都在下降。
在經濟和行業特定壓力的影響下，保持增長和客戶保留面臨挑戰。
Tips: 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：欲了解更全面的細節，請參閱IR網站。 文章僅供投資者參考，不構成任何指導或推薦建議。
譯文內容由第三人軟體翻譯。