Catasys Inc. (CATS) Issues Earnings Results, Misses Estimates By $0.04 EPS

Catasys Inc. (NASDAQ:CATS) released its earnings results on Tuesday. The company reported ($0.19) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.15) by ($0.04), reports.

Catasys (CATS) opened at $3.64 on Wednesday. Catasys has a 12 month low of $3.34 and a 12 month high of $14.00.

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A number of research firms recently commented on CATS. Telsey Advisory Group began coverage on Catasys in a research note on Wednesday, October 18th. They issued a “buy” rating on the stock. Zacks Investment Research raised Catasys from a “sell” rating to a “hold” rating in a research note on Monday, August 7th. Taglich Brothers began coverage on Catasys in a research note on Wednesday, October 18th. They issued a “speculative buy” rating and a $8.00 target price on the stock. Finally, ValuEngine cut Catasys from a “hold” rating to a “sell” rating in a research note on Saturday, October 21st.

Catasys Company Profile

Catasys, Inc provides data analytics based specialized behavioral health management and integrated treatment 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. The company’s OnTrak solution includes medical and psychosocial interventions; and a proprietary Web based clinical information platform and database, psychosocial programs, and integrated care coaching services.

Earnings History for Catasys (NASDAQ:CATS)

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