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 (NASDAQ: SPOK) reported strong Q4 and full year 2024 results, highlighted by significant growth in software operations. Q4 software bookings reached $7.1 million, up 73.2% year-over-year, with total 2024 bookings of $34.1 million, representing a 13.2% increase from 2023.
The company's software backlog grew to $62.4 million, up 22% from the previous year. Q4 featured 20 six and seven-figure customer contracts, while wireless ARPU increased 4% to $8.16. Spok generated $15.0 million in net income and $29.2 million in adjusted EBITDA for 2024, returning $26.4 million to stockholders while investing $11.5 million in R&D.
The Board declared a quarterly dividend of $0.3125 per share, payable March 31, 2025. The company ended the year with $29.1 million in cash and cash equivalents, an increase of $1.3 million in Q4.
Spok Holdings (NASDAQ: SPOK), a global healthcare communications leader, has scheduled the release of its fourth quarter and full year 2024 financial results for Wednesday, February 26, 2025, after U.S. financial markets close. The company will host a conference call and webcast at 5:00 p.m. ET on the same day to discuss the results. The presentation will be accessible to all interested parties and may include forward-looking information. An OnDemand version of the webcast will be available following the live call on the company's investor relations website.
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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