Spok Q2 bookings hit all-time high

During the three months ended June 30, Spok recorded $19 million in bookings, up from $15.6 million during the same quarter last year and a new all-time high for the company.

Consolidated revenue totaled $49.1 million during the second quarter, compared with $52.3 million during the second quarter of 2013. Revenue from software increased to $15.6 million from $14.5 million during the same period last year.

"The Company continued to make excellent progress during the quarter. We achieved or exceeded our expectations on nearly all performance measures and continued the positive momentum we established in recent quarters. Software revenue increased from the year-earlier quarter, bookings reached an all-time high, and our backlog remained near-record levels at mid-year. In addition, we met our goals for Wireless revenue, gross pager placements and unit churn. At the same time, we continued to operate profitably, expand our market reach and product offerings, strengthen our balance sheet, and generate sufficient cash flow to again return capital to stockholders in the form of cash dividends."

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