Spok net income rises to $9.7 million on license sale gain; revenue falls 2.6%
Spok Holdings reported third quarter 2026 results with net income of $9.7 million, up from $3.2 million a year earlier, but the gain on the sale of narrowband licenses drove the increase. Total revenue fell 2.6% to $33.0 million, and the company reiterated its full-year 2026 revenue guidance of $132.5 million to $139.5 million and adjusted EBITDA guidance of $28.0 million to $32.0 million. The Board also declared a regular quarterly dividend of $0.3125 per share.
Key points
- Third quarter net income was $9.7 million versus $3.2 million in the prior year quarter; other income of $7.5 million in the quarter included the narrowband license gain.
- Total revenue was $33.0 million, down 2.6% from $33.9 million; software bookings fell 28.3% to $3.2 million and software backlog fell 14.6% to $52.0 million.
- Adjusted EBITDA rose 29.6% to $8.6 million; full-year 2026 guidance was reiterated, not changed.
- Quarterly dividend of $0.3125 per share is payable December 9, 2026, to holders of record on November 18, 2026.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.