Michael Wallace - Spok Holdings Chief Officer

SPOK Stock  USD 16.41  0.06  0.36%   

Executive

Mr. Michael W. Wallace is re designated as Chief Financial Officer, Chief Accounting Officer of the company effective September 30, 2017. Before his appointment as CFO, Mr. Wallace spent more than 25 years as a financial executive at both public and private companies, most recently as Executive Vice President and CFO at Intermedix Corporationrationration, a healthcare revenue cyclepractice management and data analytics solution provider since August 2013. Prior to joining Intermedix, he was the Executive Vice President and CFO of The Elephant Group, a leading Internetbased, directtoconsumer marketing platform. Prior to that, he served as Senior Vice President and CFO of Radiology Corporation of America, a national provider of mobile and fixedsite positron emission tomography imaging services. Mr. Wallace has also served as an Assistant Chief Accountant in the Securities and Exchange Commissions Division of Enforcement and was a member of the Commissions Financial Fraud Task Force in Washington, D.C. Prior to being at the SEC, Mr. Wallace served as CFO at Inktel Direct, Corporationration, a direct marketing service firm, CELLIT Technologies, Inc., a software company serving the contact center marketplace, and Kellstrom Industries, Inc., a publicly held global aerospace company. Before joining Kellstrom, Mr. Wallace worked at KPMG Peat Marwick, LLP in Miami for more than seven years. He received his bachelors degree in business administration from the University of Notre Dame and is a licensed Certified Public Accountant. Mr. Wallace became an NEO upon his appointment as CFO on March 27, 2017. since 2017.
Age 55
Tenure 7 years
Address 5911 Kingstowne Village Parkway, Alexandria, VA, United States, 22315
Phone800 611 8488
Webhttps://www.spok.com
Wallace has also served as an Assistant Chief Accountant in the Securities and Exchange Commission’s Division of Enforcement and was a member of the Commission’s Financial Fraud Task Force in Washington, D.C. Prior to his service at the SEC, Mr. Wallace served as Chief Financial Officer at Inktel Direct, Corporationrationration, a direct marketing service firm, CELLIT Technologies, Inc., a software company serving the contact center marketplace, and Kellstrom Industries, Inc., a publicly held global aerospace company. Before joining Kellstrom, Mr. Wallace worked at KPMG Peat Marwick, LLP in Miami for more than seven years. He received his bachelor’s degree in business administration from the University of Notre Dame and is a licensed Certified Public Accountant.

Michael Wallace Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Wallace against Spok Holdings stock is an integral part of due diligence when investing in Spok Holdings. Michael Wallace insider activity provides valuable insight into whether Spok Holdings is net buyers or sellers over its current business cycle. Note, Spok Holdings insiders must abide by specific rules, including filing SEC forms every time they buy or sell Spok Holdings'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Spok Holdings Management Efficiency

The company has return on total asset (ROA) of 0.056 % which means that it generated a profit of $0.056 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0913 %, meaning that it created $0.0913 on every $100 dollars invested by stockholders. Spok Holdings' management efficiency ratios could be used to measure how well Spok Holdings manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Spok Holdings' Return On Capital Employed is quite stable compared to the past year. Return On Assets is expected to rise to 0.09 this year, although the value of Return On Tangible Assets will most likely fall to 0.11. At this time, Spok Holdings' Total Current Liabilities is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 373.2 M this year, although the value of Non Current Liabilities Total will most likely fall to about 15.1 M.
Spok Holdings currently holds 11.09 M in liabilities with Debt to Equity (D/E) ratio of 0.12, which may suggest the company is not taking enough advantage from borrowing. Spok Holdings has a current ratio of 1.34, which is within standard range for the sector. Note, when we think about Spok Holdings' use of debt, we should always consider it together with its cash and equity.

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Spok Holdings, Inc., through its subsidiary, Spok, Inc., provides healthcare communication solutions in the United States, Europe, Canada, Australia, Asia, and the Middle East. The company was founded in 1986 and is headquartered in Alexandria, Virginia. Spok Holdings operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 563 people. Spok Holdings (SPOK) is traded on NASDAQ Exchange in USA. It is located in 5911 Kingstowne Village Parkway, Alexandria, VA, United States, 22315 and employs 406 people. Spok Holdings is listed under Wireless Telecommunication Services category by Fama And French industry classification.

Management Performance

Spok Holdings Leadership Team

Elected by the shareholders, the Spok Holdings' board of directors comprises two types of representatives: Spok Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Spok. The board's role is to monitor Spok Holdings' management team and ensure that shareholders' interests are well served. Spok Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Spok Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
Steve Pennington, VP Marketing
Renee Hall, Chief Administration
Calvin Rice, Chief Officer
Michael CPA, Chief Officer
RN MSN, Chief Officer
Vincent Kelly, CEO and President and Director
Calvin CPA, CFO Officer
Sharon Keisling, Corporate Secretary and Treasurer
Jonathan Wax, Executive Sales
Al Galgano, Investor Contact
Bob Lougee, Investor Communications
Timothy Tindle, Chief Officer
Michael Wallace, Chief Officer
James Boso, Executive MA
Vincent CPA, CEO President

Spok Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Spok Holdings a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Spok Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Spok Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Spok Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Spok Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spok Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
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Is Wireless Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spok Holdings. If investors know Spok will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Spok Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.18)
Dividend Share
1.25
Earnings Share
0.71
Revenue Per Share
6.828
Quarterly Revenue Growth
(0.02)
The market value of Spok Holdings is measured differently than its book value, which is the value of Spok that is recorded on the company's balance sheet. Investors also form their own opinion of Spok Holdings' value that differs from its market value or its book value, called intrinsic value, which is Spok Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spok Holdings' market value can be influenced by many factors that don't directly affect Spok Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spok Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spok Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spok Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.