NASDAQ$SPOK
Spok Holdings Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Spok reported first quarter results with total year-over-year revenue growth exceeding 5% and software revenue growth over 15%.
Spok Holdings, Inc. reported a strong first quarter in 2024, with significant growth in software revenue and overall revenue. The company's net income and adjusted EBITDA also increased compared to the prior year period. Spok is reiterating its guidance estimates for revenue and adjusted EBITDA generation for this year.
- Net income increased by 35.9% year-over-year to $4.2 million, or $0.21 per diluted share.
- Adjusted EBITDA increased by 9.2% year-over-year to $7.5 million.
- Software operations bookings increased by 39% year-over-year to $7.9 million.
- Software revenue increased by 15% year-over-year to $16.3 million.
Headline financials
Revenue & EPS history
Spok · Revenue · Quarterly
$34.9M
Revenue by segment
Spok · $33.2M total across 2 segments · Q1 2023
- Wireless Revenue$19M—57.3%
- Software Revenue$14.2M—42.7%
Forward guidance
The company reiterated the following expectations for the full year 2024: Total Revenue between $136.0 million and $144.0 million and Adjusted EBITDA between $27.5 million and $32.5 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
-1.1%
Avg return
Earnings day
-0.5%
Avg return
5 days after
+0.5%
Avg return
30 days after
49%
32 / 65 earnings
Positive
+15.6%
Q2 2023
Best reaction
-17.3%
Q3 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.3% | -1.6% | -4.2% | |
| Q4 2025 | -13.4% | -11.2% | -19.5% | |
| Q3 2025 | -12.5% | -12.9% | -16.0% | |
| Q1 2025 | +13.2% | +15.1% | +13.0% | |
| Q4 2024 | +2.4% | -0.7% | -1.1% | |
| Q3 2024 | +3.5% | +5.0% | +9.1% | |
| Q2 2024 | -7.2% | -8.7% | -9.4% | |
| Q1 2024 | -6.5% | -7.2% | -1.6% | |
| Q4 2023 | +10.0% | +12.9% | +4.9% | |
| Q3 2023 | +2.3% | +3.6% | +21.1% | |
| Q2 2023 | +15.6% | +26.9% | +19.4% | |
| Q1 2023 | +1.9% | +1.1% | -4.4% | |
| Q4 2022 | +0.3% | +8.2% | +12.6% | |
| Q3 2022 | +3.5% | +9.1% | +1.7% | |
| Q2 2022 | +1.3% | +6.9% | +14.3% | |
| Q1 2022 | -8.9% | -4.8% | -6.2% | |
| Q4 2021 | -9.6% | -10.1% | -14.7% | |
| Q3 2021 | -4.0% | -2.1% | -11.8% | |
| Q2 2021 | -6.8% | -9.9% | -12.3% | |
| Q1 2021 | -3.8% | -3.3% | +9.9% | |
| Q4 2020 | -12.9% | -10.1% | -5.7% | |
| Q3 2020 | +1.7% | +4.8% | +15.4% | |
| Q2 2020 | -0.1% | +1.9% | +12.7% | |
| Q1 2020 | -7.5% | -6.6% | -7.4% | |
| Q4 2019 | -2.7% | +0.6% | +1.8% | |
| Q3 2019 | -0.4% | +3.3% | +9.5% | |
| Q2 2019 | -14.5% | -13.3% | -16.7% | |
| Q1 2019 | -2.6% | -1.5% | +13.8% | |
| Q4 2018 | -2.7% | -3.3% | -4.1% | |
| Q3 2018 | -6.3% | -6.3% | -0.8% | |
| Q2 2018 | +1.7% | +0.3% | +6.8% | |
| Q1 2018 | +1.6% | -2.6% | +0.7% | |
| Q4 2017 | +6.7% | +6.4% | +0.7% | |
| Q3 2017 | +2.3% | +4.7% | +6.1% | |
| Q2 2017 | -5.8% | -5.2% | -3.5% | |
| Q1 2017 | +2.9% | -6.8% | -9.4% | |
| Q4 2016 | +3.3% | -0.3% | +4.4% | |
| Q3 2016 | +0.7% | +2.1% | +3.2% | |
| Q2 2016 | -3.2% | -2.4% | -12.4% | |
| Q1 2016 | +0.7% | — | — | |
| Q4 2015 | -2.4% | — | — | |
| Q3 2015 | +4.5% | — | — | |
| Q2 2015 | +2.7% | — | — | |
| Q1 2015 | -10.0% | — | — | |
| Q4 2014 | -1.2% | — | — | |
| Q3 2014 | +11.3% | — | — | |
| Q2 2014 | +7.2% | — | — | |
| Q1 2014 | +6.7% | — | — | |
| Q4 2013 | +6.1% | — | — | |
| Q3 2013 | -1.2% | — | — | |
| Q2 2013 | +0.7% | — | — | |
| Q4 2012 | -1.5% | — | — | |
| Q1 2013 | -1.5% | — | — | |
| Q3 2012 | -0.1% | — | — | |
| Q2 2012 | -16.0% | — | — | |
| Q1 2011 | +0.2% | — | — | |
| Q4 2011 | +0.2% | — | — | |
| Q1 2012 | +2.5% | — | — | |
| Q4 2009 | -4.4% | — | — | |
| Q3 2010 | -17.3% | — | — | |
| Q3 2011 | -17.3% | — | — | |
| Q2 2011 | +6.9% | — | — | |
| Q4 2010 | +6.9% | — | — | |
| Q2 2010 | +6.9% | — | — | |
| Q1 2010 | -3.8% | — | — |
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