- Spok press release ( NASDAQ: SPOK ): Q2 GAAP EPS of $0.10.
- Revenue of $33.71M (-5.6% Y/Y).
- Second quarter software bookings increased 51% as momentum increased in the second quarter post the strategic pivot announcement
- Year-to-date software bookings increased 23% with thirty-two deals worth over six figures each
- Year-to-date capital returned to stockholders totaled $12.7 million in the form of the Company’s regular quarterly dividend
- Wireless units in service of 835,000 at June 30, 2022 down only 3,000 units from March 31, 2022 as net paging churn mitigates
- Cash, cash equivalents and short-term investments balance of $38.4 million at June 30, 2022, and no debt, with cash flow generation expected to largely cover the dividend in the second half of 2022
- Signed a distribution agreement with inTechnology to enhance Spok’s ability to provide meaningful outcomes to its clients in the Asia Pacific region.
For further details see:
Spok GAAP EPS of $0.10, revenue of $33.71M