NASDAQ$SPOK
Spok Holdings Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Spok reported strong fourth quarter and full year 2024 results, driven by significant growth in software operations bookings and an increase in wireless average revenue per unit.
Spok Holdings, Inc. announced strong fourth quarter and full year 2024 results, with software operations bookings up 73.2% year-over-year in Q4 and total 2024 software operations bookings up 13.2%. The company also reported an increase in wireless ARPU and a substantial year-end software backlog.
- Software operations bookings in Q4 2024 totaled $7.1 million, a 73.2% increase from Q4 2023.
- Total 2024 software operations bookings reached $34.1 million, up 13.2% from the prior year.
- Software backlog stood at $62.4 million at December 31, 2024, representing a nearly 22% increase from the prior year.
- Wireless average revenue per unit (ARPU) for Q4 2024 was $8.16, up more than 4% year-over-year.
Headline financials
Revenue & EPS history
Spok · Revenue · Quarterly
$33.9M
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
For the full year 2025, Spok expects consolidated revenue to be between $134.0 million and $142.0 million, with adjusted EBITDA projected to be between $27.5 million and $32.5 million. This guidance reflects confidence in continued growth, particularly in software revenue.
Tailwinds
- Anticipated growth in consolidated revenue for 2025 on a year-over-year basis.
- Continued growth expected in software revenue.
- Adjusted EBITDA midpoint consistent with the prior year, with potential for additional growth at the high-end of the guidance range.
- Guidance reflects the team's confidence in outpacing last year's performance.
- Commitment to balancing cash returned to stockholders with investments in product offerings.
Headwinds
- Slight declines anticipated in wireless revenue.
- Guidance estimates are subject to change and will be updated quarterly.
- Reconciliation of adjusted EBITDA to net income is not available without unreasonable efforts due to high variability and uncertainty of certain items.
- Unpredictable fluctuations in income tax benefit/expense, stock-based compensation, impairment of intangible assets, severance, and other non-recurring expenses.
- Reliance on reasonable assumptions, but no assurance that expectations will be attained.
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 Q4 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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro