Spok Reports 2018 Third Quarter Operating Results; Software Revenue and Bookings Up on Both a Year-Over-Year and Sequential Basis

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Go back to Spok Reports 2018 Third Quarter Operating Results; Software Revenue and Bookings Up on Both a Year-Over-Year and Sequential Basis

Spok Holdings (SPOK) Reports Q3 Loss of $0.02

October 24, 2018 4:53 PM EDT

Spok Holdings (NASDAQ: SPOK) reported Q3 EPS of ($0.02). Revenue for the quarter came in at $42.48 million.

Management Commentary:
We are pleased with our performance in the third quarter of 2018 and believe that it provides Spok with momentum as we complete 2018 and position ourselves for next year said Vincent D. Kelly, president and chief executive officer. Software bookings and revenuelevels grew by double-digits on a sequential basis. Coupled with continued strong maintenance renewals and low levels of wireless revenue attrition, total revenue grew by nearly 5 percent from the second quarter of 2018. Third quarter revenue... More