Spok Holdings, Inc. (NASDAQ:SPOK ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Al Galgano - IR Vince Kelly - Chief Executive Officer Mike Wallace - President and Chief Operating Officer Calvin Rice - Chief Financial Officer Conference Call Participants Kyle Bauser - B. Riley Operator Greetings and welcome to the Spok Holdings Inc. Q3 2024 Earnings Results Call.
Spok Holdings' Q3 '24 earnings report is anticipated, with a focus on revenue improvements and positive ROI from operational investments. The company has underperformed compared to the S&P 500, showing a -8.6% return, and I remain hesitant to start a position despite a high dividend yield. I am looking for signs of sales growth and efficiency improvements, particularly in cost management and R&D investments, to justify future investments.
Despite strength in a few of Spok Holdings' (SPOK) sub-segments across both its segments, overall topline declines year over year.
Spok Holdings, Inc. (NASDAQ:SPOK ) Q2 2024 Results Conference Call July 24, 2024 5:00 PM ET Company Participants Al Galgano - Investor Relations Vince Kelly - Chief Executive Officer Mike Wallace - President & Chief Operating Officer Calvin Rice - Chief Financial Officer Conference Call Participants Eric Martinuzzi - Lake Street Operator Greetings, and welcome to the Spok Holdings Q2 2024 Earnings Results Call. [Operator Instructions] As a reminder, this conference is being recorded.
My DCF analysis suggests a price target of $22.10, or 30% upside for Spok Holdings stock. Strong full-year guidance and reliable management. Healthcare software growth is expected to continue, and I'm raising my rating on SPOK stock from buy to strong buy.
24/7 Wall Street Insights There are an estimated 29 million caregivers in the US who are caught in a spiral loop of work, caregiving, and escalating costs.
Discover why Zacks rates Spok Holdings as "Outperform," being the first on Wall Street to initiate coverage on the stock. Explore SPOK's strategic investments, financial health and market positioning in healthcare communications.