tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Spok reports Q2 EPS 22c vs. 17c last year

Reports Q2 revenue $35.7M vs. $34.0M last year. “I am proud of the strong performance our team was able to deliver in the second quarter and believe these results provide solid momentum for the balance of 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 second quarter, we made tremendous progress in several key performance areas, including net income and cash generation, 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 second quarter, which were up more than 34% from our very strong performance in the second quarter of 2024. In fact, the $11.7 million of software operations bookings in the second quarter of 2025, combined with a strong backlog, drove a 10% increase in software revenue that included double-digit growth in license revenue and triple-digit growth in managed services revenue, on a year-over-year basis.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1