Brief: Spok Holdings Reports Q3 GAAP Loss Per Share Of $0.07

Spok Holdings

23/10/2019 21:35

Oct 23 (Reuters) - Spok Holdings Inc  SPOK.O :
    * SPOK REPORTS 2019 THIRD QUARTER OPERATING RESULTS;
WIRELESS
TRENDS CONTINUE TO IMPROVE; RECORD LEVEL SOFTWARE REVENUE
BACKLOG AND CONTINUED STRONG EXPENSE MANAGEMENT
    * Q3 GAAP LOSS PER SHARE $0.07
    * Q3 REVENUE $39.5 MILLION VERSUS $42.5 MILLION
    * QUARTERLY RATE OF WIRELESS REVENUE EROSION WAS 1.4 PERCENT
IN Q3
OF 2019
    * TOTAL PAGING ARPU (AVERAGE REVENUE PER UNIT) WAS $7.32 IN
Q3 OF
2019
    * SEES 2019 TOTAL REVENUE TO RANGE FROM $156 MILLION TO $174
MILLION
    * EXPECTS 2019 ADJUSTED OPERATING EXPENSES (EXCLUDES
DEPRECIATION,
AMORTIZATION AND ACCRETION) TO RANGE FROM $155 MILLION TO $165
MILLION

Source text for Eikon:  ID:nBw83qstNa 
Further company coverage:  SPOK.O 

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