Spok Holdings, Inc. · NASDAQ:SPOK
Spok — Q3 2023 Earnings Presentation
11 slides from Spok's earnings presentation, Oct 26, 2023
Slide 1: Third Quarter Earnings 10.26.23
Third Quarter Earnings| 10.26.23 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 Third Quarter 2023 Financial Highlights 2023 Financial Outlook Agenda 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 ▪ More than $670 million returned to stockholders since 2004 ▪ 2022 capital return - $25 million ▪ 2023 capital return forecast - $25 million Focus on maximizing cash ove
Slide 6: Third Quarter 2023 Highlights
Third Quarter 2023 Highlights • Company executing on strategic business plan generating $4.5 million of GAAP net income, and $8.4 million of adjusted EBITDA • Third Quarter software operations bookings contribute to strong year, up more than 38% on a year-to-date basis • Wireless average revenue per
Slide 7: Third Quarter 2023 Financial Results
Third Quarter 2023 Financial Results Calvin Rice Chief Financial Officer
Slide 8: Third Quarter 2023 Financial Results
Third Quarter 2023 Financial Results For the Three Months Ended For the Nine Months Ended (Dollars in millions) September 30, September 30, 2023 2022 2023 2022 Total Revenue $35.4 $33.7 $105.1 $101.3 Wireless $19.0 $19.1 $56.9 $56.6 Software $16.5 $14.7 $48.2 $44.7 Adjusted EBITDA(1) $8.4 $6.7 $23.8
Slide 9: 2023 Financial Outlook
~ ‘spok :::2023 Financial Outlook SSS SSS eee,
Slide 10: 2023 Financial Outlook
2023 Financial Outlook Prior Guidance Current Guidance (Dollars in millions) From To From To Total Revenue: $134.50 $137.50 $136.25 $139.25 Wireless Revenue $74.50 $75.50 $75.25 $76.25 Software Revenue $60.00 $62.00 $61.00 $63.00 Adjusted EBITDA(1) $25.0 $28.0 $27.5 $29.0 (1) Adjusted EBITDA represe
Slide 11: Contact Investor Relations
Contact Investor Relations Al Galgano + 1 (952) 224-6096 al.galgano@spok.com