Spok Holdings, Inc. (NASDAQ:SPOK) Q1 2022 Earnings Conference Call April 28, 2022 8:30 AM ET

Company Participants

Lisa Fortuna - Managing Director, Alpha IR Group

Vince Kelly - President & Chief Executive Officer

Mike Wallace - Chief Financial Officer & Chief Operating Officer

Conference Call Participants

Operator

Greetings, and welcome to Spok Holdings, Inc. Quarter One 2022 Earnings Results Conference Call. At this time, all participants are in a listen-only mode. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Lisa Fortuna. Thank you and over to you.

Lisa Fortuna

Hello everyone, and welcome to Spok Holdings' first quarter 2022 earnings call. I am joined by Vince Kelly, President and Chief Executive Officer; as well as Mike Wallace, Chief Financial Officer and Chief Operating Officer.

I want to remind everyone that today's conference call may include forward-looking statements that are subject to risks and uncertainties relating to Spok's future financial and business performance. Such statements may include estimates of revenue, expenses and income as well as other predictive statements or plans, which are dependent upon future events or conditions.

These statements represent the company's estimates only on the date of this conference call and are not intended to give any assurance as to actual future results. Spok's actual results could differ materially from those anticipated in these forward-looking statements. Although, these statements are based upon assumptions that the company believes to be reasonable, they are subject to risks and uncertainties.

Please review the Risk Factors section relating to our operations and the business environment, which are contained in our first quarter 2022 Form 10-Q and related documents, we expect to file with the Securities and Exchange Commission. Please note that, Spok assumes no obligation to update any forward-looking statements from past or present filings and conference calls.

With that, I'll turn the call over to Vince.

Vince Kelly

Thank you, and good morning, everyone, and thank you for joining us this morning for our first quarter 2022 earnings call. Today, we will share an update on our strategic business plan that was announced back in February as well as our financial results for the quarter.

I'll start by reviewing the agenda for today's call. The order will be as follows: we'll begin by providing an update on our strategic business plan; next, we'll provide an overview of our first quarter 2022 results; then, we will cover our current guidance for 2022 as well as an update on our one-time restructuring costs related to our strategic business shift; and finally, we'll conclude with a wrap-up.