Spok Q1 revenue up 5.2% to $34.9M, net income $4.2M; declares $0.3125 dividend

Spok Holdings, Inc

2024-Q1 EPS reported $0.21 revenue$34,909,000

Total revenue $34.909M (+5.2% YoY); software revenue $16.314M (+15.3%) drove growth.
GAAP net income $4.236M ($0.21 diluted EPS) vs $3.117M ($0.15) in Q1 2023; adjusted EBITDA $7.535M.
Software operations bookings $7.885M, up 38.9% YoY; software backlog $57.98M (+24.6%).
Wireless revenue $18.595M (-2.3% YoY); ARPU $7.89 (+4.0%); net unit churn improved to 1.6%.
Reiterated FY2024 guidance: total revenue $136-144M, adjusted EBITDA $27.5-32.5M.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Spok Holdings, Inc reported first quarter ended March 31, 2024 results: revenue $34,909, net income $4.2 million, EPS $0.21 per diluted share. Guidance reaffirmed.

Period: first quarter ended March 31, 2024
Revenue: $34,909
Net income: $4.2 million
EPS: $0.21 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

$ 2,626 $ 1,618 62.3 % Professional services 4,025 3,239 24.3 % Hardware 384 356 7.9 % Maintenance 9,279 8,939 3.8 % Total software revenue 16,314 14,152 15.3 % Total revenue $ 34,909 $ 33,180 5.2 % For the three months ended March 31, (Dollars in thousands) 2024 2023 Change (%) GAAP Operating expenses $ 30,018 $ 28,463 5.5 % Net income $ 4,236 $ 3,117 35.9 %

View on SEC.gov

1436 earnings releases filed in the last 30 days. Browse all earnings releases →

Spok Holdings, Inc filing history →

Source: SEC EDGAR

accession 0001289945-24-000027

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.