Spok Holdings, Inc. · NASDAQ:SPOK
Spok — Q2 2023 Earnings Presentation
11 slides from Spok's earnings presentation, Jul 27, 2023
Slide 1: Second Quarter Earnings 07.27.23
Second Quarter Earnings| 07.27.23 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 Second Quarter 2023 Financial Highlights Agenda 2023 Financial Outlook Wrap Up 3
Slide 4: Business Overview
Business Overview Vince Kelly CEO
Slide 5: Strategic Goal: Run the business profitably and generate cash
Strategic Goal: Run the business profitably and generate cash Returning capital to shareholders is our goal as well as our legacy ▪ More than $660 million returned to stockholders since 2004 ▪ 2022 capital return - $25 million ▪ 2023 capital return forecast - $25 million Focus on maximizing cash ove
Slide 6: Second Quarter 2023 Highlights
Second Quarter 2023 Highlights • Company executing on strategic business plan generating $4.7 million of GAAP net income, and $8.5 million of adjusted EBITDA • Second Quarter software operations bookings increased 90% as momentum continued in the quarter • Software and Wireless revenue growth on a y
Slide 7: Second Quarter 2023 Financial Results
Second Quarter 2023 Financial Results Calvin Rice Chief Financial Officer
Slide 8: Second Quarter 2023 Financial Results
Second Quarter 2023 Financial Results For the Three Months Ended For the Six Months Ended (Dollars in millions) June 30, June 30, 2023 2022 2023 2022 Total Revenue $36.5 $33.7 $69.6 $67.5 Wireless $18.9 $18.7 $37.9 $37.5 Software $17.6 $15.0 $31.7 $30.0 Adjusted EBITDA(1) $8.5 $4.7 $15.4 $2.6 • Year
Slide 9: 2023 Financial Outlook
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Slide 10: 2023 Financial Outlook
2023 Financial Outlook Prior Guidance Current Guidance (Dollars in millions) From To From To Total Revenue: $131.0 $137.5 $134.5 $137.5 Wireless Revenue $73.0 $75.5 $74.5 $75.5 Software Revenue $58.0 $62.0 $60.0 $62.0 Adjusted EBITDA(1) $24.5 $26.5 $25.0 $28.0 (1) Adjusted EBITDA represents net inco
Slide 11: Contact Investor Relations
Contact Investor Relations Al Galgano + 1 (952) 224-6096 al.galgano@spok.com