Spok Reports 2019 Third Quarter Operating Results; Wireless Trends Continue to Improve; Record Level Software Revenue Backlog and Continued Strong Expense Management

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Spok Holdings (SPOK) Reports Q3 Loss of $0.07

October 23, 2019 4:15 PM EDT

Spok Holdings (NASDAQ: SPOK) reported Q3 EPS of ($0.07), versus ($0.04) reported last year. Revenue for the quarter came in at $39.45 million, versus $42.48 million reported last year.

Key Third Quarter Operating Highlights:

Software bookings for the 2019 third quarter were $20.4 million. Software operations bookings of $9.8 million represented the highest quarterly bookings levels so far this year and Spok continues to see increasing demand for its solutions going into the fourth quarter. Third quarter maintenance renewal bookings were $10.6 million.Software revenue backlog totaled $42.6 million at September 30, 2019, up from $36.4 million at September 30, 2018 and... More