Spok announces the entry into an agreement to sell certain narrowband spectrum licenses in its two-way paging inventory to Sensus USA, a designer and manufacturer of metering and automatic meter-reading products catering to municipal and industrial markets worldwide.
Year-Over-Year Software Managed Services Revenue Growth of Nearly 57% Company Reiterates 2026 Financial Guidance
Spok announces strategic cost reductions delivering $6M+ in annual savings while advancing AI enhancements across Spok Care Connect® and Wireless solutions.
Q4 Software Operations Bookings Up 14% from Prior Year, and Nearly 83% From the Prior Quarter Year-Over-Year Managed Services Revenue Growth Drives Nearly 5% Growth in Software Revenue Company Provides 2026 Financial Guidance
Net Income and Adjusted EBITDA Continued Growth Strong Software Operations Bookings Drives Y-O-Y Increase in Software Revenue
Company Increases Financial Guidance For 2025
Net income and adjusted EBITDA up from prior year period end software backlog up more than 15% from prior year professional services revenue up nearly 44% from Q1 2024
Strong Q4 software operations bookings drive more than 13% year-over-year growth year-end software backlog up nearly 22% from prior year
Strong Q3 Software Operations Bookings Up Both Sequentially and Year-Over-Year Software Backlog Up More Than 19% From Prior Year Quarter
Software Operations Bookings Up 10.3% From Prior Quarter, Year-Over-Year Software Revenue Performance Driven by Growth in Maintenance and Services
Spok announced results for the first quarter ended March 31, 2024
Total annual revenue growth for the first time in Spok’s history, with year-over-year growth in both Software and Wireless revenue
Strong improvement in net income and adjusted EBITDA Company again increases full year 2023 financial guidance