earnings
confidence high
sentiment negative
materiality 0.75
Spok Q2 net loss $0.7M, adjusted EBITDA loss $0.1M; software revenue up 8% to $15.9M
Spok Holdings, Inc
2021-Q2 EPS reported
-$0.16
revenue$71,759,000
- GAAP net loss $0.7M ($0.04/diluted share) vs net income $3.8M in Q2 2020; adjusted EBITDA loss $0.1M.
- Wireless revenue declined 5.8% to $19.9M; software revenue increased 8.2% to $15.9M.
- Software bookings $13.0M (down from $15.4M); backlog $45.6M; paging unit erosion slowed to 0.6%.
- Board declared regular quarterly dividend of $0.125/share payable Sept 10, 2021 to Aug 17 record holders.
- Full-year 2021 guidance reiterated: total revenue $138M-$151M, adjusted opex $151M-$157M, capex $3.5M-$5.5M.