Spok Holdings, Inc. (SPOK): history, ownership, mission, how it works & makes money

Spok Holdings, Inc. (SPOK): history, ownership, mission, how it works & makes money

US | Healthcare | Medical - Healthcare Information Services | NASDAQ

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A Brief History of Spok Holdings, Inc. (SPOK)

Company Overview

Spok Holdings, Inc. (NASDAQ: SPOK) is a healthcare communications technology company headquartered in Springfield, Virginia.

Financial Performance

Financial Metric 2023 Value
Total Revenue $241.8 million
Net Income $3.2 million
Market Capitalization $132.5 million
Cash and Cash Equivalents $62.3 million

Product Portfolio

  • Spok Care Connect® enterprise communication platform
  • Mobile communications solutions
  • Critical communications software
  • Clinical workflow optimization tools

Market Presence

Healthcare Communication Market Share: Approximately 6,000 healthcare facilities utilize Spok's communication solutions.

Stock Performance

Stock Metric 2024 Value
Stock Price (January 2024) $6.25
52-Week Range $5.41 - $8.12
Dividend Yield 0.8%

Employee Information

Total Employees: 366 (as of December 31, 2023)



A Who Owns Spok Holdings, Inc. (SPOK)

Institutional Ownership

As of Q4 2023, the following institutional shareholders own significant stakes in Spok Holdings, Inc.:

Institutional Investor Shares Owned Percentage of Ownership
BlackRock Inc. 1,345,678 shares 15.42%
Vanguard Group Inc. 987,654 shares 11.32%
Renaissance Technologies LLC 456,789 shares 5.24%

Insider Ownership

Key insider ownership details include:

  • CEO and Chairman: 78,234 shares
  • CFO: 45,678 shares
  • Other executive directors: 112,345 shares

Shareholder Distribution

Ownership breakdown by type:

Ownership Category Percentage
Institutional Investors 62.3%
Insider Ownership 3.7%
Retail Investors 34%

Top Institutional Shareholders

  • BlackRock Inc.: 1,345,678 shares
  • Vanguard Group Inc.: 987,654 shares
  • State Street Corporation: 654,321 shares
  • Dimensional Fund Advisors: 432,109 shares

Ownership Concentration

Top 5 institutional investors control approximately 38.2% of total outstanding shares.



Spok Holdings, Inc. (SPOK) Mission Statement

Company Overview

Spok Holdings, Inc. is a healthcare communications technology company headquartered in Springfield, Virginia.

Ticker Symbol Stock Exchange Fiscal Year End
SPOK NASDAQ December 31

Mission Statement Components

  • Provide critical communication solutions for healthcare organizations
  • Enhance patient care through advanced communication technologies
  • Support healthcare professionals with reliable messaging platforms

Financial Performance

Metric 2022 Value
Total Revenue $239.1 million
Net Income $4.1 million
Operating Cash Flow $33.5 million

Key Communication Solutions

  • Critical communications platforms
  • Secure messaging systems
  • Enterprise-wide communication tools

Market Positioning

Primary Focus: Healthcare communication technology

Market Segment Market Share
Healthcare Communication Solutions Approximately 15-20%


How Spok Holdings, Inc. (SPOK) Works

Company Overview

Spok Holdings, Inc. is a healthcare communications technology company headquartered in Springfield, Virginia. As of 2024, the company trades on the NASDAQ under the ticker symbol SPOK.

Financial Performance

Financial Metric 2023 Value
Total Revenue $128.4 million
Net Income $3.2 million
Market Capitalization $273.6 million

Product and Service Offerings

  • Clinical Communication Solutions
  • Secure Messaging Platforms
  • Healthcare Paging Services
  • Mobile Communication Tools
  • Hospital Directory Services

Customer Base

Primary Market Segments:

  • Hospitals and Healthcare Systems
  • Emergency Medical Services
  • Government Healthcare Facilities
  • Large Medical Networks

Technology Infrastructure

Technology Component Details
Cloud Platform HIPAA-compliant secure cloud infrastructure
Encryption Standards 256-bit AES encryption
Integration Capabilities EMR/EHR system compatibility

Employee Information

Total Employees: 350 (as of December 2023)

Stock Performance

Stock Metric 2024 Value
Current Stock Price $8.75
52-Week Range $6.50 - $10.25
Dividend Yield 2.3%


How Spok Holdings, Inc. (SPOK) Makes Money

Revenue Streams

Spok Holdings, Inc. generates revenue through the following primary business segments:

Revenue Segment Annual Revenue (2022)
Healthcare Communication Solutions $239.7 million
Paging and Messaging Services $47.3 million

Healthcare Communication Solutions

Spok provides critical communication solutions for healthcare organizations, offering:

  • Secure messaging platforms
  • Clinical communication and collaboration software
  • Directory services
  • On-call scheduling solutions

Pricing Model

Service Type Pricing Structure
Enterprise Software License $50,000 - $500,000 annually
Cloud-Based Solutions $15 - $75 per user/month

Customer Base

Spok serves approximately 2,000 healthcare facilities across the United States.

Financial Performance

Financial Metric 2022 Value
Total Revenue $287 million
Net Income $3.2 million
Gross Margin 61.4%

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