earnings
confidence high
sentiment negative
materiality 0.60
Spok Q1 revenue down 8.5% YoY to $33.2M; net income $2.0M; declares $0.3125 dividend; reaffirms 2026 guidance
Spok Holdings, Inc
2026-Q1 EPS reported
$0.09
revenue$33,226,000
- Total revenue $33.2M (down 8.5% YoY); net income $1.99M (down 61.8%); adjusted EBITDA $5.3M (down 35.9%).
- Software managed services revenue up 56.6% YoY to $2.06M; wireless ARPU up 0.6% to $8.29.
- Strategic realignment with ~10% workforce reduction targeting ~$6M annual cost savings.
- Quarterly dividend of $0.3125/share declared, payable June 24, 2026 to holders of record May 26, 2026.
- Reaffirmed FY2026 guidance: total revenue $136-143M, adjusted EBITDA $27.5-32.5M.