Spok Hldgs Inc Stock Price, News & Analysis

Spok Holdings, Inc. (NASDAQ: SPOK), a leader in healthcare communications, announced its participation in the Lytham Partners Investor Select Conference on January 31, 2023, at 9:00 am ET. The conference will be held virtually, and the company's presentation will be accessible through their website and the WSW platform. Spok is known for its Spok Care Connect® platforms that enhance communication and workflows in healthcare settings, supporting over 100 million messages sent monthly. For more details, visit spok.com.

Spok Holdings, Inc. (NASDAQ: SPOK) reported a strong third quarter for 2022, achieving $2.9 million in net income and $4.7 million in adjusted EBITDA. The company’s strategic pivot towards the Care Connect Suite resulted in a 26% year-over-year increase in software operations bookings. Despite a 5.9% decline in total revenue, Spok's wireless average revenue per unit rose by 1.5%. The Board declared a quarterly dividend of $0.3125 per share, with continued capital return of $18.8 million to stockholders. Financial guidance for 2022 was also updated positively.

Spok Holdings, Inc. (NASDAQ: SPOK) announced that it will release its third quarter 2022 operating results on October 26, 2022, after U.S. market close. A conference call will be held on October 27, 2022, at 8:30 a.m. EDT, to discuss the results with stakeholders. Interested parties can participate via a webcast at this link. Spok, based in Alexandria, Virginia, provides vital healthcare communication solutions, facilitating over 100 million messages monthly.

Spok, Inc., a subsidiary of Spok Holdings (NASDAQ: SPOK), announced that 18 of the 20 adult hospitals and all 10 children’s hospitals listed in the 2022-23 U.S. News & World Report Best Hospitals Honor Roll utilize its healthcare communication solutions. This recognition underscores Spok’s commitment to facilitating care collaboration and enhancing patient care. For the last decade, Spok has been a trusted provider for nearly all Best Hospitals, demonstrating the effectiveness of its Spok Care Connect® platform, which enables over 100 million messages each month.

Spok Holdings, Inc. has announced the promotions of Michael W. Wallace to President and Calvin C. Rice to Chief Financial Officer, effective immediately. Wallace, who will also continue as COO, brings over 25 years of experience and has been with Spok since 2017. Rice, previously Chief Accounting Officer, will now oversee financial operations. Both executives are expected to play crucial roles in enhancing Spok's strategic direction and profitability. The firm specializes in healthcare communications, supporting over 100 million messages monthly.

Spok Holdings, Inc. (NASDAQ: SPOK) reported significant improvements in its second quarter results for 2022, posting a net income of $1.9 million and adjusted EBITDA of $3.7 million. Software bookings rose by 51% year-over-year, while year-to-date bookings increased by 23%. The company declared a quarterly dividend of $0.3125 per share, payable on September 9, 2022. Despite a slight decline in wireless units and total revenue falling by 5.6%, the company has a strong cash position of $38.4 million and no debt, with cash flow expected to cover future dividends.

Spok Holdings, Inc. (NASDAQ: SPOK) will announce its second quarter 2022 operating results on July 27, 2022, after U.S. market close. A conference call to discuss these results is scheduled for July 28, 2022, at 8:30 a.m. EDT. The call is accessible to the public via phone or webcast. Spok, a leader in healthcare communications, supports clinicians by delivering vital clinical information. They facilitate over 100 million messages monthly through their Spok Care Connect platform, ensuring timely communication crucial for patient care.