Latest news with #SpokHoldings
Yahoo
12 hours ago
- Business
- Yahoo
Spok Holdings Inc (SPOK) Q2 2025 Earnings Call Highlights: Strong Software Growth and Increased ...
Total Bookings: Approximately $20 million for the first half of the year. Software Operations Bookings Growth: More than 34% growth compared to the prior year quarter. Adjusted EBITDA: $7.5 million in Q2 2025. Net Income: $4.6 million or $0.22 per diluted share in Q2 2025. Total Revenue: $35.7 million in Q2 2025, up from $34 million in Q2 2024. Wireless Revenue: $18.4 million in Q2 2025. Software Revenue: $17.2 million in Q2 2025, with a 10% increase including double-digit growth in license revenue and triple-digit growth in managed services revenue. Net Unit Churn: Improved by 50 basis points to 1.6% in Q2 2025. Cash and Cash Equivalents: $20.2 million at the end of Q2 2025. Free Cash Flow Guidance: Expected to range from $25 million to $29 million for 2025. Revenue Guidance for 2025: Increased to range from $138 million to $143.5 million. Adjusted EBITDA Guidance for 2025: Expected to range from $28.5 million to $32.5 million. Warning! GuruFocus has detected 8 Warning Sign with SPOK. Release Date: July 30, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Spok Holdings Inc (NASDAQ:SPOK) reported a more than 34% growth in software operations bookings compared to the prior year quarter. The company achieved a 10% increase in software revenue, with double-digit growth in license revenue and triple-digit growth in managed services revenue. Spok Holdings Inc (NASDAQ:SPOK) maintained strong relationships with over 2,200 hospitals, contributing to recurring revenue and a stable customer base. The company generated $7.5 million of adjusted EBITDA, covering its quarterly dividend and capital expenditure requirements. Spok Holdings Inc (NASDAQ:SPOK) increased its financial guidance for 2025, expecting total revenue to range from $138 million to $143.5 million, with adjusted EBITDA expected to range from $28.5 million to $32.5 million. Negative Points The company acknowledged that software sales are 'lumpy,' indicating potential variability in future revenue streams. Despite improvements, Spok Holdings Inc (NASDAQ:SPOK) continues to face challenges with declining pager units in service, reflecting a secular decline in demand for wireless services. The company anticipates that product research and development expenses will increase by 5% to 7% in the second half of 2025 and continue to rise into 2026. Spok Holdings Inc (NASDAQ:SPOK) noted that while managed services are gaining traction, they may be cost-prohibitive for smaller customers. The company faces ongoing competition in the healthcare communications space, requiring continuous investment in technology and customer relationships. Q & A Highlights Q: How has the increased fee for unreturned pagers impacted net unit churn, and what are other ways you're working on reducing unit churn? A: Calvin Rice, CFO, explained that the fee for unreturned pagers does not impact unit churn as it applies after service disconnection. Vincent Kelly, CEO, added that they are mitigating churn impact through pricing actions, selling Gen A pagers, and Spok mobile apps, and by signing multi-year agreements to lock in revenue. Q: Can you provide an update on the progress of the business development team focused on new logos? A: Vincent Kelly, CEO, stated that the team, consisting of seven business development reps, is making progress by adding smaller accounts. While not breaking out results separately, they are pleased with the progress. Q: Could you provide more color on the $11.7 million in software bookings, specifically regarding new customer acquisitions versus expansions within existing accounts? A: Michael Wallace, COO, noted that about 15% of bookings were from new logos, consistent with past quarters. The focus is on building a pipeline for steady growth in new logos. Vincent Kelly added that significant deals often involve replacing competitors' solutions within existing accounts. Q: What is the impact of the wireless service line on revenue, and how are you addressing it? A: Vincent Kelly, CEO, emphasized the focus on mitigating churn impact through pricing actions, selling Gen A pagers, and Spok mobile apps. They are also signing multi-year agreements to secure revenue streams and enhance the value of pager numbers. Q: How do you view the future of Spok's financial results and strategic positioning? A: Vincent Kelly, CEO, expressed confidence in Spok's future, highlighting the strong recurring revenue from wireless services and the growth potential of software solutions. He emphasized the company's focus on returning capital to stockholders and maintaining a strong financial position. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
20 hours ago
- Business
- Yahoo
Spok Holdings (SPOK) Beats Q2 Earnings and Revenue Estimates
Spok Holdings (SPOK) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +22.22%. A quarter ago, it was expected that this communications services provider would post earnings of $0.18 per share when it actually produced earnings of $0.25, delivering a surprise of +38.89%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Spok, which belongs to the Zacks Wireless National industry, posted revenues of $35.69 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.96%. This compares to year-ago revenues of $33.98 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Spok shares have added about 6.4% since the beginning of the year versus the S&P 500's gain of 8.3%. What's Next for Spok? While Spok has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Spok was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.19 on $35.1 million in revenues for the coming quarter and $0.82 on $140.6 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Wireless National is currently in the bottom 27% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Cogent Communications (CCOI), is yet to report results for the quarter ended June 2025. The results are expected to be released on August 7. This internet service provider is expected to post quarterly loss of $0.79 per share in its upcoming report, which represents a year-over-year change of -5.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Cogent Communications' revenues are expected to be $245.57 million, down 5.7% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Spok Holdings, Inc. (SPOK) : Free Stock Analysis Report Cogent Communications Holdings, Inc. (CCOI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Globe and Mail
23-07-2025
- Business
- Globe and Mail
Spok Sets Date to Report Second Quarter 2025 Results
Spok Holdings, Inc. (NASDAQ: SPOK), a global leader in healthcare communications, today announced it will release its second quarter 2025 operating results on Wednesday, July 30, 2025, after the close of the U.S. financial markets. Management will host a conference call and webcast to discuss these financial results on Wednesday, July 30, 2025, at 5:00 p.m. ET. The presentation is open to all interested parties and may include forward-looking information. Conference Call Details To access the call, please dial in approximately ten minutes before the start of the call. For those unable to join the live call, an OnDemand version of the webcast will be available following the call under the URL link and on the investor relations website. About Spok Spok Holdings, Inc. (NASDAQ: SPOK), headquartered in Plano, Texas, is proud to be a global leader in healthcare communications. We deliver clinical information to care teams when and where it matters most to improve patient outcomes. Top hospitals rely on the Spok Care Connect® platform to enhance workflows for clinicians and support administrative compliance. Our customers send over 70 million messages each month through their Spok® solutions. Spok enables smarter, faster clinical communication. Spok is a trademark of Spok Holdings, Inc. Spok Care Connect and Spok Mobile are trademarks of Spok, Inc.
Business Wire
23-07-2025
- Business
- Business Wire
Spok Sets Date to Report Second Quarter 2025 Results
PLANO, Texas--(BUSINESS WIRE)--Spok Holdings, Inc. (NASDAQ: SPOK), a global leader in healthcare communications, today announced it will release its second quarter 2025 operating results on Wednesday, July 30, 2025, after the close of the U.S. financial markets. Management will host a conference call and webcast to discuss these financial results on Wednesday, July 30, 2025, at 5:00 p.m. ET. The presentation is open to all interested parties and may include forward-looking information. Conference Call Details To access the call, please dial in approximately ten minutes before the start of the call. For those unable to join the live call, an OnDemand version of the webcast will be available following the call under the URL link and on the investor relations website. About Spok Spok Holdings, Inc. (NASDAQ: SPOK), headquartered in Plano, Texas, is proud to be a global leader in healthcare communications. We deliver clinical information to care teams when and where it matters most to improve patient outcomes. Top hospitals rely on the Spok Care Connect® platform to enhance workflows for clinicians and support administrative compliance. Our customers send over 70 million messages each month through their Spok® solutions. Spok enables smarter, faster clinical communication. Spok is a trademark of Spok Holdings, Inc. Spok Care Connect and Spok Mobile are trademarks of Spok, Inc.
Yahoo
10-07-2025
- Business
- Yahoo
3 Reliable Dividend Stocks Yielding Up To 7.4%
The market has been flat over the last week but has risen 12% in the past 12 months, with earnings forecast to grow by 15% annually. In this environment, selecting reliable dividend stocks can provide a steady income stream and potential for growth, making them an attractive option for investors seeking stability and returns. Name Dividend Yield Dividend Rating Universal (UVV) 5.68% ★★★★★★ Southside Bancshares (SBSI) 4.64% ★★★★★☆ Huntington Bancshares (HBAN) 3.56% ★★★★★☆ First Interstate BancSystem (FIBK) 6.03% ★★★★★★ Ennis (EBF) 5.41% ★★★★★★ Douglas Dynamics (PLOW) 3.81% ★★★★★☆ Dillard's (DDS) 5.99% ★★★★★★ CompX International (CIX) 4.62% ★★★★★★ Columbia Banking System (COLB) 5.74% ★★★★★★ Citizens & Northern (CZNC) 5.57% ★★★★★☆ Click here to see the full list of 137 stocks from our Top US Dividend Stocks screener. Below we spotlight a couple of our favorites from our exclusive screener. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Spok Holdings, Inc., through its subsidiary Spok, Inc., offers healthcare communication solutions across various regions including the United States, Europe, and Asia, with a market cap of $372.77 million. Operations: Spok Holdings, Inc. generates revenue of $139.04 million from its Clinical Communication and Collaboration Business segment. Dividend Yield: 6.9% Spok Holdings offers a high dividend yield of 6.89%, placing it in the top 25% of US dividend payers, and has maintained stable and growing dividends over the past decade. However, its dividends are not well covered by earnings or free cash flows, with a payout ratio of 159.4% and a cash payout ratio of 98.5%. Recent events include being dropped from the Russell 2000 Dynamic Index, which may impact investor perception. Navigate through the intricacies of Spok Holdings with our comprehensive dividend report here. According our valuation report, there's an indication that Spok Holdings' share price might be on the expensive side. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: TriCo Bancshares is a bank holding company for Tri Counties Bank, offering commercial banking services to individual and corporate customers, with a market cap of approximately $1.40 billion. Operations: TriCo Bancshares generates revenue primarily through its Community Banking segment, which accounted for $389.80 million. Dividend Yield: 3.1% TriCo Bancshares provides a reliable dividend yield of 3.08%, though it falls short of the top 25% in the US market. The company has maintained stable and growing dividends over the past decade, supported by a low payout ratio of 38.4%. Recent developments include a quarterly dividend affirmation at $0.33 per share and an auditor change to Baker Tilly US, LLP following the merger with Moss Adams LLP, which does not affect financial reporting stability. Unlock comprehensive insights into our analysis of TriCo Bancshares stock in this dividend report. The valuation report we've compiled suggests that TriCo Bancshares' current price could be quite moderate. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Artisan Partners Asset Management Inc. is a publicly owned investment manager with a market cap of approximately $3.76 billion. Operations: Artisan Partners Asset Management Inc. generates its revenue primarily from the Investment Management Industry, amounting to $1.12 billion. Dividend Yield: 7.5% Artisan Partners Asset Management offers a dividend yield of 7.5%, placing it in the top 25% of US dividend payers, though its dividends have been volatile over the past decade. The company's recent inclusion in multiple Russell indices may enhance visibility among investors. Despite a sustainable payout ratio supported by cash flows and earnings, recent executive changes and insider selling could raise concerns about stability. Revenue and earnings showed modest growth, but future declines are expected. Click here to discover the nuances of Artisan Partners Asset Management with our detailed analytical dividend report. Our comprehensive valuation report raises the possibility that Artisan Partners Asset Management is priced lower than what may be justified by its financials. Get an in-depth perspective on all 137 Top US Dividend Stocks by using our screener here. Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports. Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SPOK TCBK and APAM. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
