Tue, Jul. 28, 9:17 PM
- Critical-comms firm Spok Holdings (NASDAQ:SPOK) posted EPS that dipped more than 15% Y/Y and revenue that fell slightly, though mitigated by strong software revenue growth.
- Overall revenue of $48M compared with a year-ago $49.1M, though software revenue was up 13.9% to $17.7M. Wireless revenue fell to $30.2M from a year-ago $33.5M.
- EBITDA was $9.1M, down from a year-ago $11.7M. Software bookings were $21M (up 10.9%), including $10.5M of operations bookings and $10.5M of maintenance renewals (renewal rate of 99.8%). Software backlog rose to $43.5M.
- The company reiterated guidance for full-year revenues of $183M-$201M, operating expenses of $145M-$154M, and capex of $5.5M-$7.5M.
- Conference call to come Thursday, July 30, at 10 a.m. ET. Shares were flat in after-hours action.
- Press Release
Tue, Jul. 28, 5:38 PM
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SPOK vs. ETF Alternatives
Spok Holdings Inc is a provider of critical communication solutions for enterprises to the healthcare, government, public safety and other industries. It offers paging services and selected software solutions in the United States and abroad.
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