Spok Holdings, Inc. · NASDAQ:SPOK
Spok — Q1 2024 Earnings Presentation
10 slides from Spok's earnings presentation, May 1, 2024
Slide 1: First Quarter Earnings
First Quarter Earnings| 05/01/2024 Fourth Quarter Earnings| 02.23.23
Slide 2: Safe Harbor Statement
Statements contained herein or in prior press releases which are not historical fact, such as statements regarding our future operating and financial performance, are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The
Slide 3: Agenda
Business Overview First Quarter 2024 Financial Highlights Agenda 2024 Full Year Financial Outlook Wrap Up 3
Slide 4: Business Overview
Business Overview Vince Kelly, CEO Mike Wallace, President and COO
Slide 5: Strategic Goal: Run the business profitably and generate cash
Strategic Goal: Run the business profitably and generate cash Returning capital to stockholders is our goal as well as our legacy ▪ Over $680 million returned to stockholders since 2004 ▪ 2022 capital return - $25.0 million ▪ 2023 capital return - $25.6 million Focus on maximizing cash over the long
Slide 6: Spok Earns Top Client Satisfaction Scores for Seventh Consecutive Year
Spok Earns Top Client Satisfaction Scores for Seventh Consecutive Year Total No. 1 Overall rank Vendor criteria ranks 1 Spok 12 2 PerfectServe 4 3 Andor Health (Virtual Healthcare Platform) 0 4 Ascom 0 5 Mobile Heartbeat 1 6 TigerConnect 0 7 Epic Secure Chat 0 8 Oracle Health 1 © 2024 Black Book Res
Slide 7: 2024 First Quarter Sales Highlights
2024 First Quarter Sales Highlights • Software operations bookings increased 39% from first quarter 2023 • Bookings included 19 six-figure customer agreements and 4 multi-year engagements • Average software operations bookings contract size up 40% from prior quarter • Participation at HIMSS24 confer
Slide 8: First Quarter 2024 Financial Results
First Quarter 2024 Financial Results Calvin Rice Chief Financial Officer
Slide 9: First Quarter 2024 Financial Results
First Quarter 2024 Financial Results Company executing on strategic business plan generating $4.2 million of GAAP net income, and $7.5 million of adjusted EBITDA For the Three Months Ended March 31, (Dollars in millions) 2024 2023 Total Revenue $34.9 $33.2 Wireless $18.6 $19.0 Software $16.3 $14.2 A
Slide 10: Contact Investor Relations
Contact Investor Relations Al Galgano + 1 (952) 224-6096 al.galgano@spok.com