Spok Holdings, Inc - SPOK STOCK NEWS

Spok, a subsidiary of Spok Holdings, Inc. (NASDAQ: SPOK), has been selected by Woman's Hospital, a leading women's specialty hospital in Baton Rouge, Louisiana, to implement its cloud-native platform, Spok Go. This platform aims to enhance communication within the hospital, ensuring reliable and secure messaging among care teams. The initiative is designed to improve clinical workflows, patient safety, and overall satisfaction for both patients and staff.

Spok Holdings, a leader in healthcare communications, reported a GAAP net loss of $2.5 million for Q3 2021, compared to a net income of $3.2 million for Q3 2020. Consolidated revenue decreased by 4.9% year-over-year to $35.9 million. Despite challenges, the company affirmed its full-year revenue guidance of $138 million to $151 million and highlighted record maintenance renewals of $12.1 million. A quarterly dividend of $0.125 per share was declared, payable on December 10, 2021. The company maintained a strong financial position with $67.5 million in cash and no debt.

Spok Holdings, Inc. (NASDAQ: SPOK) will release its third quarter 2021 operational results on November 3, 2021, at approximately 4:30 PM ET. The company will not hold an investor conference call due to a strategic alternatives review process initiated on September 3, 2021. Spok is recognized for its leadership in healthcare communications, providing vital clinical information to enhance patient care through its platforms, Spok Go® and Spok Care Connect®. The company processes over 100 million messages monthly, crucial for timely clinical communication.

Spok, a leader in healthcare communications, has partnered with Physicians Ambulance Service to enhance communication during critical patient transports. The family-owned ambulance service, covering 14 counties in Northern Ohio, aims to improve efficiency using Spok Go, which facilitates real-time communication between staff and hospitals. This partnership is expected to reduce communication errors and improve response times, addressing current challenges in healthcare logistics. Spok's innovative platform is poised to transform how ambulance services operate in the region, ensuring timely patient care.

Spok Holdings, Inc. (NASDAQ: SPOK) announced that selected presentations from the upcoming Spok Connect 21 virtual user conference will be accessible to investors. Scheduled for October 11-12, 2021, the conference will feature topics like the Spok product roadmap and a customer case study. Archived presentations will be available from October 14-28, 2021, on the Investor Relations page of Spok's website. Investors can register for the presentations by contacting Lisa Fortuna before October 13, 2021.

Spok, Inc., a leader in healthcare communications, announced its upcoming Connect 21 Virtual conference on October 11-12, 2021. This virtual event aims to facilitate collaboration among healthcare professionals during the COVID-19 pandemic. With a focus on enhancing communication technologies, the conference will feature expert speakers discussing clinical communication and secure messaging solutions. Attendees will also explore Spok Go®, the company's cloud-native platform, and receive product updates and training.

On September 14, 2021, Spok Holdings, Inc. (NASDAQ: SPOK) announced the postponement of its Investor Day Program, initially set for October 11, 2021. This decision is attributed to an ongoing strategic alternatives review process, first disclosed on September 3, 2021. Meanwhile, the Connect 21 conference for Spok customers will take place virtually on October 11-12, 2021, with some sessions available to the investment community afterward. Further details will be provided at a later date.

Spok Holdings, Inc. (NASDAQ: SPOK) announced a strategic review process in response to multiple acquisition interests. This review, facilitated by financial and legal advisors, aims to explore potential transactions that maximize shareholder value. A limited-duration shareholder rights plan was also approved to protect this process, effective immediately and expiring on August 31, 2022. The plan allows shareholders to purchase additional shares at a discount if any entity acquires 10% or more of the stock. The Board emphasized transparency, inviting interested parties to participate equally.