Spok Reports Fourth-Quarter and Full-Year 2018 Operating Results; Solid Year-Over-Year Software Growth; Record-Low Wireless Revenue Erosion
Summary
“We are encouraged with our performance in the fourth quarter of 2018 and believe it provides a solid basis for continued improvement in 2019,” said Vincent D. Kelly, president and chief executive officer. These metrics give us confidence as we enter the new year and launch what we believe is a game changer for future healthcare communication technology: the next evolution of our Spok Care Connect ® platform.” Kelly noted that in addition to the financial performance the Company was able to achieve in 2018, progress was made in several other areas, including product development, sales strategy and key strategic partnership agreements. Additionally, during the year we announced key strategic partnerships with companies such as Spectralink and Bernoulli Health; our management were keynote speakers at numerous C-suite conferences; Spok received recognition as the #1 provider of secure communications by Black Book Market Research; and we continue to work with all of the U.S. News & World Report Best Adult and Childrens Hospitals. Top hospitals rely on the Spok Care Connect ® platform to enhance workflows for clinicians, support administrative compliance, and provide a better experience for patients.
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