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The company is pursuing various strategies to combine artificial intelligence, predictive analytics, and digital interfaces with hundreds of care coach interactions to enhance member health, optimize healthcare system use, and provide long-term results. However, OTRK’s stock has declined 81.1% year-to-date and 56.6% over the past three months to close yesterday’s trading session at $11.71.
Though the company surpassed the consensus earnings estimate for the third quarter, the ongoing lawsuit and current business headwinds, such as losing major clients, have impacted the revenue growth. This could also exacerbate OTRK’s poor price performance in the upcoming months.
