Spok Holdings Inc. Sees 33% Rise in Net Income and 10% Increase in Software Revenue for Q2 2025, Raises 2025 Financial Outlook
Spok Holdings Inc. reported strong financial performance for the second quarter of 2025, highlighting significant growth in several key areas. The company achieved a 10% year-over-year increase in software revenue, driven by double-digit growth in license revenue and triple-digit growth in managed services revenue. Software operations bookings increased by over 34% compared to the second quarter of 2024, reaching $11.7 million, supported by a robust backlog. The company raised its 2025 financial outlook for revenue and adjusted EBITDA, anticipating a 6.4% growth in software revenue at the midpoint. Consolidated revenue in 2025 is expected to show an overall increase year-over-year, despite slight declines in wireless revenue. Spok Holdings ended the quarter with a cash and cash equivalents balance of $20.2 million and no debt. Spok Holdings continues to focus on generating cash flow and returning capital to stockholders, while investing in future growth, particularly in its Spok Care Connect and Wireless solutions. The adjusted EBITDA for the second quarter was reported at $7.489 million, representing a 6.3% increase from the previous year. The company remains optimistic about its performance for the remainder of 2025.
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