Spok Holdings Q3 2024 GAAP EPS $0.18 Beats $0.17 Estimate, Sales $34.870M Beat $34.770M Estimate
Portfolio Pulse from Benzinga Newsdesk
Spok Holdings reported Q3 2024 earnings per share of $0.18, surpassing the analyst estimate of $0.17. The company's sales were $34.870 million, slightly above the expected $34.770 million, but down 1.58% from the previous year.
October 30, 2024 | 9:01 pm
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Spok Holdings reported Q3 2024 earnings that slightly exceeded expectations, with EPS at $0.18 and sales at $34.870 million. Despite beating estimates, sales decreased by 1.58% year-over-year.
Spok Holdings' earnings per share and sales both exceeded analyst expectations, which is generally positive for the stock price. However, the year-over-year decline in sales may temper investor enthusiasm. Overall, the positive earnings surprise is likely to have a short-term positive impact on the stock price.
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