Spok Hldgs Inc Stock Price, News & Analysis

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.

Spok, Inc., a leader in healthcare communications, has been recognized for the fourth consecutive year by Black Book Research for excellence in secure communication platforms. The survey assessed over 30 vendors based on feedback from more than 1,600 users. Spok achieved the highest customer satisfaction scores in 12 out of 18 key performance indicators, demonstrating its commitment to innovation, reliability, and support. CEO Vincent D. Kelly remarked that this recognition underscores Spok's market leadership, especially critical during the ongoing challenges posed by COVID-19.

Spok Holdings, Inc. (NASDAQ: SPOK) has appointed Kristen Lalowski as the new Chief Product Officer, effective immediately. With over 20 years of experience in healthcare and healthcare IT, Lalowski aims to drive customer value through Spok’s solutions portfolio. She previously managed over $120 million in annual revenue and played a significant role in product expansion at MDLIVE, a leading telemedicine provider. Lalowski emphasizes the importance of enhanced communication for improving patient outcomes using Spok Go® and Spok Care Connect® platforms.

Spok Holdings, Inc. (NASDAQ: SPOK) has announced details for accessing its 2020 Investor Update, featuring presentations from the Spok Connect 20 user conference held in October 2020. Investors can view the presentations starting from 10:00 a.m. EST on November 10, 2020, until December 10, 2020. The updates will be available through Spok's Investor Relations page. Interested investors can acquire the password by contacting the Investor Relations representative, Al Galgano.

Spok Holdings reported Q3 2020 results, showing a revenue of $37.7 million, down 4.5% from Q3 2019. However, software bookings surged to $21.4 million, a nearly 39% increase. The company declared a quarterly dividend of $0.125 per share, payable December 10, 2020. Notably, GAAP net income improved to $3.2 million vs. a loss of $1.3 million in Q3 2019. Operating expenses decreased, aided by CARES Act credits and employee furloughs. Spok also noted a reduction in paging unit erosion and a software revenue backlog increase to $51.7 million.

Spok Holdings, Inc. (NASDAQ: SPOK) will announce its 2020 third quarter operating results on October 28, 2020, after market close. The company will host a conference call for investors on October 29, 2020, at 10:00 a.m. ET to discuss these results. Dial-in numbers include 334-777-6978 or 800-367-2403, with the passcode 1468983. A replay will be available from 1:00 p.m. ET on October 29 until November 12, 2020. Spok is recognized as a leader in healthcare communications, facilitating over 100 million messages monthly through its platforms.

Spok, Inc. hosted over 550 participants at its virtual Connect 20 conference, focusing on advancements in healthcare communication. The event offered insights from healthcare professionals on improving care team communication, particularly in light of COVID-19. Attendees received training, product updates, and opportunities for networking. The conference highlighted Spok Go®, a cloud-native platform that enhances clinical communication, with the company emphasizing its commitment to supporting frontline healthcare workers during these challenging times.

Spok Holdings, Inc. (NASDAQ: SPOK) announced that selected presentations from its Spok Connect 20 user conference will be accessible to investors starting November 10, 2020, at 10:00 a.m. This initiative responds to investor interest in the conference's content, focused on healthcare communication challenges and solutions. The investment community can register for virtual attendance, and an archived webcast will be available on Spok's investor section. Spok Go®, an innovative cloud-based solution, will be highlighted, ahead of the company's third-quarter 2020 results announcement.