Spok Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 25, 2023 at 04:10 pm EDT
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Spok Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 16.46 million compared to USD 14.69 million a year ago. Revenue was USD 35.43 million compared to USD 33.74 million a year ago. Net income was USD 4.45 million compared to USD 2.92 million a year ago. Basic earnings per share from continuing operations was USD 0.22 compared to USD 0.15 a year ago. Diluted earnings per share from continuing operations was USD 0.22 compared to USD 0.15 a year ago.
For the nine months, sales was USD 48.2 million compared to USD 44.68 million a year ago. Revenue was USD 105.07 million compared to USD 101.28 million a year ago. Net income was USD 12.3 million compared to net loss of USD 2.37 million a year ago. Basic earnings per share from continuing operations was USD 0.62 compared to basic loss per share from continuing operations of USD 0.12 a year ago. Diluted earnings per share from continuing operations was USD 0.61 compared to diluted loss per share from continuing operations of USD 0.12 a year ago.
Spok Holdings, Inc., through its wholly owned subsidiary Spok, Inc., is engaged in healthcare communications. The Company offers a suite of unified clinical communication and collaboration solutions that include call center applications, clinical alerting and notifications, one-way and advanced two-way wireless messaging services, mobile communications, and public safety solutions. It offers its services and products to three market segments: healthcare, government, and large enterprise. Its one-way messaging consists of numeric and alphanumeric messaging services. Its two-way messaging services enable subscribers to send and receive messages to and from other wireless messaging devices, including pagers, personal digital assistants, and personal computers. The Company also offers voice mail, personalized greetings, message storage and retrieval, and equipment loss and/or maintenance protection to both one-way and two-way messaging subscribers.