Spok Holdings Q3 Net Income More Than Triples to $9.72 Million
Bitget2026/10/28 20:03- Spok Holdings’ third-quarter 2026 net income more than tripled year-over-year to $9.72 million, including a gain from narrowband license sales.
- Revenue fell year-over-year to $33 million, while operating expenses dropped 7% to $27.36 million.
- Software operations bookings declined 28% year-over-year to $3.18 million, while software backlog shrank 15% to $51.99 million.
- The sale of certain narrowband spectrum licenses added more than $7.5 million to cash balances.
- Management reiterated full-year 2026 revenue guidance of $132.5 million to $139.5 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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