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Spok Holdings, Inc. (NASDAQ: SPOK), headquartered in Springfield, VA, stands as a global leader in healthcare communications. Its wholly-owned subsidiary, Spok, Inc., plays a pivotal role in delivering clinical information to care teams, enhancing patient outcomes. The core of Spok's operations is the Spok Care Connect® platform, which is trusted by top hospitals to streamline clinician workflows, support administrative compliance, and elevate patient experiences. Each month, customers transmit over 100 million messages through Spok® solutions, underscoring the platform's reliability when every second counts.
Spok Holdings functions across three primary market segments: Healthcare, Government, and Large Enterprise. The company extends a variety of services including Value-Added Services, Advisory Services, Assessment Services, and Adoption Services. These offerings are designed to support both the U.S. and international markets, ensuring comprehensive communication solutions for diverse needs.
Recent achievements highlight Spok's ongoing commitment to excellence and innovation in healthcare communications. The company's financial stability and strategic partnerships have solidified its status as a reliable provider in the industry. For more details, visit spok.com or follow their updates on Twitter @spoktweets.
Stay informed with the latest updates and news about Spok Holdings, Inc. to keep track of its performance, events, and developments.
Spok Holdings (NASDAQ: SPOK) reported Q3 2024 results with notable growth in software operations. Software bookings reached $10.4 million, up 64.4% year-over-year, with software backlog increasing 19% to $63.6 million. The quarter saw 24 six-figure customer contracts, double the previous year. Wireless ARPU grew 4.7% to $7.95. Total revenue was $34.87 million, down 1.6% year-over-year. The company generated $3.66 million in net income and $7.53 million in adjusted EBITDA. Cash and equivalents increased by $4.0 million to $27.8 million. The Board declared a quarterly dividend of $0.3125 per share.
Spok (NASDAQ: SPOK) announces that 9 out of 10 children's hospitals named to the 2024-2025 U.S. News & World Report Best Children's Hospitals Honor Roll use Spok's secure healthcare communication solutions. The Best Children's Hospitals rankings evaluated nearly 110 children's hospitals across 11 pediatric specialties, including the new addition of behavioral health. Only 88 children's hospitals were ranked in at least one specialty, with 10 hospitals earning top honors. Additionally, 18 out of 20 adult hospitals named to the 2024-2025 Best Hospital Honor Roll also utilize Spok solutions.
Spok Holdings (NASDAQ: SPOK) reported their Q2 2024 financial results. Key highlights include software operations bookings rising 10.3% from Q1 2024 to $8.7 million. The software backlog reached $55 million, a 4% increase year-over-year. Wireless ARPU increased to $7.84. However, total revenue decreased by 6.8% to $33.98 million. Net income declined to $3.43 million, a 27.6% drop from the previous year. Adjusted EBITDA fell 17.2% to $7.05 million. The company reaffirmed its FY 2024 guidance, projecting total revenue between $136 million and $144 million and adjusted EBITDA between $27.5 million and $32.5 million. A quarterly dividend of $0.3125 per share was declared, payable on September 9, 2024.
Spok, Inc. (NASDAQ: SPOK), a leading healthcare communications provider, proudly announces that 17 out of 20 adult hospitals named to the 2024-2025 U.S. News & World Report Best Hospitals Honor Roll use Spok's secure communication solutions. This recognition highlights Spok's significant role in facilitating care collaboration and supporting exceptional patient care in top-performing hospitals.
For over a decade, nearly all hospitals on the Best Hospitals Honor Rolls have relied on Spok solutions. The company serves more than 2,200 hospitals in the U.S., streamlining healthcare communication and enhancing patient care. The U.S. News & World Report rankings, conducted for over 30 years, evaluate approximately 4,500 hospitals annually based on objective data, including patient outcomes, safety, and quality of care.
Spok Holdings, Inc. (NASDAQ: SPOK), a global leader in healthcare communications, has announced the date for its second quarter 2024 earnings release. The company will disclose its operating results on Wednesday, July 24, 2024, after the U.S. financial markets close. Following the release, Spok's management team will host a conference call and webcast at 5:00 p.m. ET on the same day to discuss the financial results. This presentation will be open to all interested parties and may include forward-looking information.
Spok, a leader in healthcare communications and a subsidiary of Spok Holdings, Inc. (NASDAQ: SPOK), celebrates its 10-year anniversary. In 2011, USA Mobility Inc. acquired Amcom Software, which led to the formation of Spok in 2014 after integrating both companies. Spok specializes in critical communication software that enhances patient care and supports public safety. CEO Vincent D. Kelly highlighted the company’s growth and innovation, driven by a strong legacy and ongoing investments in communication platforms.
Spok products, including the Spok Care Connect® platform, facilitate faster collaboration among care teams and are used in over 2,200 hospitals, including top-ranked ones. The company continues to set industry standards with its integrated solutions and ongoing innovation.
Spok Holdings, Inc. (NASDAQ: SPOK) announced strong financial results for the first quarter of 2024, with total revenue growth exceeding 5%, software revenue growth over 15%, and net income and adjusted EBITDA up by 35.9% and 9.2% respectively compared to the prior year. The company also declared a quarterly dividend of $0.3125 per share.
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