Spok Holdings Exceeds Q2 Revenue Estimates at $35.69M, Software Operations Drive Growth

Spok Holdings Inc reported Q2 2025 revenue of $35.69M, surpassing estimates of $35M. Software operations bookings rose 34% YoY to $11.7M, and the software backlog increased 19% to $65.2M. Despite a 2.5% decline in wireless revenue, the company's wireless ARPU rose 5% YoY. Spok Holdings Inc returned $6.5M to stockholders in dividends.

Spok Holdings Inc (NASDAQ: SPOK) reported its second-quarter (Q2) 2025 financial results, exceeding market expectations. The company's revenue for the period came in at $35.69 million, surpassing the estimated $35 million. This growth was driven by a significant increase in software operations bookings, which rose by 34% year-over-year (YoY) to $11.7 million. The software backlog also expanded by 19% to $65.2 million, reflecting strong demand for the company's solutions [1].

Despite a 2.5% decline in wireless revenue, the company's wireless average revenue per unit (ARPU) increased by 5% YoY to $8.20. This improvement in ARPU was a positive sign for the company's wireless segment, despite the revenue decrease. Spok Holdings Inc also returned $6.5 million to stockholders in dividends, continuing its commitment to shareholder returns [1].

The company's financial guidance for the full year 2025 was also increased, with expected consolidated revenue growth of 6.4% YoY at the midpoint of the revised guidance range. Software revenue is expected to grow by 6.4% YoY, while wireless revenue is anticipated to decline slightly. Adjusted EBITDA is expected to grow by more than 11% YoY at the high-end of the guidance range [1].

Spok Holdings Inc's strong Q2 2025 results highlight the company's continued growth and resilience in the healthcare communications sector. The company's ability to generate revenue growth and maintain a strong backlog position is a positive sign for future performance. Investors should continue to monitor the company's progress and guidance updates as the year progresses.

References:

[1] https://www.businesswire.com/news/home/20250730854265/en/Spok-Reports-Second-Quarter-2025-Results