SPOK Earnings Prediction
The chart below shows how SPOK performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SPOK sees a -4.55% change in stock price 10 days leading up to the earnings, and a -0.76% change 10 days following the report. On the earnings day itself, the stock moves by +0.08%. This data can give you a slight idea of what to expect for the next quarter's release.
SPOK Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
34.87M
-1.58%
2.61%
Gross Margin
62.43%
-0.38%
7.01%
Operating Margin
15.66%
-14.05%
6.53%
Net Margin
10.50%
-16.40%
4.17%
EPS
0.18
-18.18%
5.88%
No Data Available
SPOK Earnings Analysis
Spok Holdings, Inc Corporation (SPOK.O) Earnings Conference Call
Positive
Software Operations Bookings Surge: Third quarter 2024 saw a nearly 65% year-over-year growth in software operations bookings compared to Q3 last year.
Software Backlog Increase: The software backlog increased to $63.6 million, up more than 19% from the prior year quarter.
Pipeline Growth Acceleration: Continued pipeline growth in terms of both size and quality, with a year-over-year growth of 26% in our professional services business.
Quarterly Adjusted EBITDA Increase: Adjusted EBITDA for the third quarter totaled $7.5 million, which was up $0.5 million from the prior quarter.
Cash Growth Quarter Over Quarter: We ended the third quarter with $27.8 million in cash, which grew from $23.9 million in the second quarter.
Negative
Net Income Comparison: GAAP net income totaled $3.7 million or $0.18 per diluted share compared to net income of $4.5 million or $0.22 per diluted share in the third quarter of 2023.
Revenue Comparison Analysis: Total GAAP revenue was $34.9 million compared to total revenue of $35.4 million in the prior year period.
Wireless and Software Revenue: Wireless revenue of $18.3 million and software revenue of $16.6 million compared to $19 million and $16.5 million in the prior year respectively.
Operating Expenses Comparison: Adjusted operating expenses totaled $28.5 million for the third quarter compared to $27.9 million in the prior year period.
Quarterly Adjusted EBITDA Comparison: Adjusted EBITDA in the third quarter totaled $7.5 million as compared to $8.4 million in the prior year period.
SPOK FAQs
How does SPOK typically perform around its earnings report dates?
Is Spok Holdings, Inc. (SPOK) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
SPOK Earning Call Sentiment
Spok Holdings, Inc. (SPOK) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
SPOK.O
-3.24%Positive
The earnings call summary presents mixed signals: a decline in wireless revenue and GAAP net income, but growth in software and professional services revenue. The Q&A section reveals management's cautious optimism, with strong software backlog and ARPU growth, but concerns over wireless demand and unclear international market strategies. The consistent dividend and cash flow projections offer stability. However, the lack of significant new customer acquisitions and potential financial strain from R&D investments temper enthusiasm. Overall, the sentiment is neutral, with no strong catalysts for significant short-term stock price movement.
