Earnings ·
Reports Q3 net income of $9.7M and declares $0.3125 quarterly dividend
SPOKSpok Holdings, Inc
Spok Holdings reported third-quarter net income of $9.7 million, a 203% increase from the prior year period, driven by a $7.5 million gain on the sale of narrowband spectrum licenses. Adjusted EBITDA rose 29.6% to $8.6 million, while total revenue declined slightly to $33.0 million. The company generated more than $7.5 million in cash from the asset sale and maintained a debt-free balance sheet with $30.1 million in cash. Additionally, the Board declared a regular quarterly dividend of $0.3125 per share, payable on December 9, 2026, to stockholders of record on November 18, 2026. Spok operates as a global leader in healthcare communications, delivering clinical information and workflow solutions to hospitals.