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

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

Shares of Catasys (CATS) traded down $0.02 on Tuesday, reaching $3.45. 48,900 shares of the company’s stock traded hands, compared to its average volume of 38,742. Catasys has a one year low of $3.34 and a one year high of $14.00.

CATS has been the topic of several recent analyst reports. ValuEngine lowered shares of Catasys from a “hold” rating to a “sell” rating in a research report on Saturday, October 21st. Taglich Brothers initiated coverage on shares of Catasys in a research report on Wednesday, October 18th. They set a “speculative buy” rating and a $8.00 target price on the stock. Telsey Advisory Group initiated coverage on shares of Catasys in a research report on Wednesday, October 18th. They set a “buy” rating on the stock. Finally, Zacks Investment Research upgraded shares of Catasys from a “sell” rating to a “hold” rating in a research report on Monday, August 7th.

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About Catasys

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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