Spok Holdings Full Year 2023 Earnings: EPS Beats Expectations

Spok Holdings (NASDAQ:SPOK) Full Year 2023 Results

Key Financial Results

• Revenue: US$139.0m (up 3.3% from FY 2022).
• Net income: US$15.7m (down 28% from FY 2022).
• Profit margin: 11% (down from 16% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: US$0.79 (down from US$1.11 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Spok Holdings EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%.

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 3.4% growth forecast for the Wireless Telecom industry in the US.

Performance of the American Wireless Telecom industry.

The company's shares are up 4.2% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Spok Holdings that you should be aware of.

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