Spok Q1 net income $3.1M vs prior loss; raises FY 2023 guidance

Spok Holdings, Inc

2023-Q1 EPS reported $0.15 revenue$33,180,000

Q1 net income of $3.1M ($0.15/diluted) vs net loss of $7.2M ($0.37 loss) in Q1 2022.
Adjusted EBITDA of $6.9M, versus a loss of $2.1M in the prior-year period.
Wireless revenue of $19.0M, up 1% YoY; ARPU rose 4.8% to $7.59 on pricing actions.
Full-year 2023 total revenue guidance raised to $131.0M-$137.5M; adjusted EBITDA to $24.5M-$26.5M.
Board declared $0.3125 quarterly dividend, payable June 23, 2023 to holders of record May 25.

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