Ontrak, Inc. (NASDAQ:OTRK) Q4 2022 Earnings Call Transcript

Ontrak, Inc. (NASDAQ:OTRK) Q4 2022 Earnings Call Transcript March 15, 2023

Operator: Good day. And welcome to the Ontrak Fourth Quarter 2022 Earnings Call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question-and-answer session. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker, Mr. Ryan Halsted, Investor Relations. Please go ahead.

Ryan Halsted: Thank you, Operator, and thank you all for participating in today's call. Joining me today are Brandon LaVerne, Chief Executive Officer and Chief Operating Officer; Mary Lou Osborne, President and Chief Commercial Officer; and James Park, Chief Financial Officer. Earlier today, Ontrak released financial results for the quarter ending December 31, 2022. A copy of the press release is available on the company's website. Before we begin, I'd like to make the following remarks concerning forward-looking statements. All statements in this conference call other than historical facts are forward-looking statements. The words anticipate, believes, estimates, expects, intends, guidance, confidence, targets, projects and some other expressions typically are used to identify forward-looking statements.

These forward-looking statements are not guarantees of future performance but may involve and are subject to certain risks and uncertainties, other factors that may affect Ontrak's business, financial condition and other operating results, which include, but are not limited to, the risk factors described in the Risk Factors section of the Form 10-K and Form 10-Q as filed with the SEC. Therefore, actual outcomes and results may differ materially from those expressed or implied by these forward-looking statements. Ontrak expressly disclaims any intent or obligation to update these forward-looking statements. With that, I'd like to turn the call over to Brandon.

Brandon LaVerne: Thank you, Ryan, and welcome, everybody. I'd like to thank the Ontrak Board of Directors for the opportunity to lead our company as Chief Executive Officer. It's a responsibility I accept with enthusiasm, integrity, conviction and confidence in the mission of our company, the dedication of our employees to our members and the support of our customers and business partners. I also want to thank my partner, Mary Lou Osborne, for all her contributions and congratulate her on her appointment as President, while continuing as Chief Commercial Officer. We are supported by a first-class executive leadership team with whom we have been managing all day-to-day operations of the company since August of last year. We do not anticipate missing a beat as we continue to refine our value proposition and work to secure new customer contracts and expand existing ones.