Welcome to our dedicated page for Spok Hldgs news (Ticker: SPOK), a resource for investors and traders seeking the latest updates and insights on Spok Hldgs stock.
Spok Holdings, Inc. (NASDAQ: SPOK) is a Plano, Texas-based healthcare communications company that regularly issues news on its clinical communication software, wireless paging services, and financial performance. As a global leader in healthcare communications, Spok reports on how its solutions deliver clinical information to care teams to support better patient outcomes and more efficient hospital workflows.
News about Spok often covers quarterly and annual financial results, including revenue by software and wireless segments, net income, adjusted operating expenses, and adjusted EBITDA. These releases typically highlight software operations bookings, software backlog, wireless units in service, and wireless average revenue per unit (ARPU), giving investors and analysts insight into both the software and wireless sides of the business.
Spok’s news flow also includes dividend announcements, with the Board of Directors declaring regular quarterly dividends and disclosing record and payment dates. Additional updates may feature investor presentations, changes in financial guidance, and details on capital returned to stockholders, reflecting the company’s focus on cash generation and capital allocation.
Beyond financials, Spok publishes news about customer recognition and industry rankings. Recent releases have noted that a high proportion of hospitals on U.S. News & World Report Best Hospitals and Best Children’s Hospitals honor rolls use Spok solutions, and that independent surveys, such as Black Book Market Research, have ranked Spok highly in secure messaging, clinical communications, and critical alert messaging categories.
Visitors to the SPOK news page can review this mix of earnings reports, dividend declarations, investor communications, and customer and industry recognition to understand how the company’s clinical communication and wireless offerings are performing and being adopted across the healthcare sector.
Spok Holdings, Inc. (NASDAQ: SPOK) announced the nomination of Randy Hyun to its Board of Directors for the upcoming 2021 Annual Meeting on July 20. Hyun, currently COO of CarepathRx, brings over 20 years of healthcare management experience. He aims to leverage his extensive background in technology solutions to enhance Spok's cloud-native communication platform. Additionally, the company has established a Capital Allocation Committee to focus on maximizing shareholder value. Brian O'Reilly will not seek re-election, having served as a board member since before Spok pivoted to software solutions.
Spok Holdings (NASDAQ: SPOK) reported Q1 2021 results, showing consolidated revenue of $36.0 million, down from $37.3 million in Q1 2020. Software revenue remained stable at $15.9 million, with bookings totaling $14.6 million. The company declared a quarterly dividend of $0.125 per share, payable on June 24, 2021. Operating expenses decreased by over 7% to $37.8 million. The cash balance was $71.6 million, down from $78.7 million at year-end 2020, while the average revenue per unit (ARPU) saw a slight increase to $7.34.
Spok, Inc. announced significant improvements in emergency department outcomes for TidalHealth since implementing Spok Go®. The platform has resulted in a 38-minute reduction in boarding time and a 27-minute decrease in overall patient stay length. TidalHealth is expanding the use of Spok Go to enhance communication across other specialties. The CEO of Spok Holdings expressed excitement over the rapid results achieved by TidalHealth, highlighting the company's role in transforming healthcare communication.
Spok Holdings (NASDAQ: SPOK), a leader in healthcare communications, will report its 2021 first-quarter operating results on April 28, 2021, after market close. The conference call for investors is scheduled for April 29, 2021, at 10:00 a.m. ET. Interested parties can dial 1-334-323-0501 or 800-353-6461 to join, using the confirmation code 4773192. A replay will be available from April 29 to May 13, 2021, at http://tinyurl.com/Spok2021Q1earningsreplay.
Spok supports over 100 million monthly messages to improve patient outcomes through its Spok Go® and Spok Care Connect® platforms.
Spok, Inc., a leader in healthcare communications, announced that Southcoast Health will implement the Spok Go cloud-native communication platform to enhance secure communication across its health system. After over two decades of utilizing Spok solutions, including Spok Care Connect, Southcoast aims to further streamline clinical communication. The partnership focuses on two-way messaging between providers, ensuring rapid communication through effective scheduling and directory capabilities. Spok CEO Vincent D. Kelly emphasized the importance of reliable messaging in healthcare.
Spok, a subsidiary of Spok Holdings (NASDAQ: SPOK), announced that St. Joseph's Healthcare Hamilton (SJHH) has chosen Spok Go for secure digital communication across its hospital system. This collaboration aims to enhance clinical workflows, allowing clinicians to spend more time with patients. SJHH plans to implement Spok Go for on-call scheduling and other communication improvements. The partnership will focus on optimizing the platform's capabilities to foster clinical innovation and enhance patient care efficiency.
Spok, Inc., a subsidiary of Spok Holdings (NASDAQ: SPOK), announced that Mercy Iowa City has selected the Spok Go® communication platform to enhance patient care through improved communication workflows. Mercy Iowa City, with 194 acute care beds, aims to reduce IT complexity and unify its communication strategy. Spok Go will streamline critical functions such as secure messaging and paging, integrating well with existing systems, including EHR. Mercy Iowa City has relied on Spok for over a decade, emphasizing the importance of effective communication in healthcare.
Spok Holdings, Inc. (NASDAQ: SPOK), a leader in healthcare communications, will announce its 2020 fourth-quarter operating results on February 17, 2021, at approximately 4:30 p.m. ET. A conference call for investors to discuss these results will take place on February 18, 2021, at 10:00 a.m. ET. Participants can join at 1-929-477-0577 or 866-248-8441, using the confirmation code 6764724. A replay will be available from 1:00 p.m. ET on February 18 until 1:00 p.m. ET on March 4, 2021, at http://tinyurl.com/Spok2020Q4earningsreplay.
Spok, Inc., a subsidiary of Spok Holdings (NASDAQ: SPOK), has announced a two-year collaboration with Mayo Clinic to enhance its Spok Go® cloud-native communication platform. This partnership aims to improve clinical optimization by integrating clinical and technical expertise from Mayo Clinic. The collaboration builds on a decade-long relationship, focusing on areas such as test result reporting, patient engagement, and medical device integration. CEO Vincent D. Kelly expressed confidence that insights from Mayo Clinic will significantly enhance Spok Go's capabilities.
Spok, a leader in healthcare communications, announces that Dominion Radiology Associates (DRA) has chosen its Spok Go® platform to enhance collaboration between radiologists and referring physicians. DRA, known for its diagnostic imaging services in Virginia, aims to improve communication efficiency through secure messaging, expediting test results. Both organizations expressed satisfaction with their partnership, highlighting Spok's responsiveness and the platform’s contributions to patient care.
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