Spok Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

• Spok Holdings Inc SPOK.OQ reported quarterly adjusted earnings of 25 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 21 cents. The lone analyst forecast for the quarter was for earnings of 18 cents per share.

• Revenue fell 47.1% to $18.47 million from a year ago; analysts expected $34.00 million.

• Spok Holdings Inc's reported EPS for the quarter was 25 cents​.

• The company reported quarterly net income of $5.2 million.

• Spok Holdings Inc shares had fallen by 12.3% this quarter and lost 10.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 14.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the wireless telecommunications services peer group is also "buy"

• Wall Street's median 12-month price target for Spok Holdings Inc is $19.00

This summary was machine generated from LSEG data April 30 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)