Spok reports Q1 EPS 25c vs 21c last year

Reports Q1 revenue $36.294M vs $34.909M last year. “I am proud of the strong performance our team was able to deliver in the first quarter and believe these results provide solid momentum as we kick-off 2025,” said Vincent D. Kelly, chief executive officer of Spok (SPOK) Holdings, Inc. “Spok continues to execute on generating cash flow and returning capital to stockholders, while responsibly investing for future growth. In the first quarter, we made tremendous progress in several key performance areas, including software revenue growth, wireless ARPU trends, software operations bookings and backlog levels. We were able to accomplish this while investing in our Spok Care Connect and Wireless solutions. I am particularly pleased with our performance in generating software operations bookings in the first quarter, which were up nearly 6% from our very strong performance in the first quarter of 2024. In fact, the $8.3 million of software operations bookings in the first quarter of 2025, combined with a strong backlog, drove a more than 44% increase in professional services revenue and 4% growth in total revenue on a year-over-year basis.”