Phunware Announces Second Quarter 2019 Financial Results
Phunware, Inc. (PHUN)
Company Research
Source: Business Wire
Continued MaaS Subscription Revenue Growth Accompanies Improved Net Loss per Share AUSTIN, TX--(BUSINESS WIRE)--Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, today announced financial results for its second quarter ended June 30, 2019, and provided an update on recent business developments.Second Quarter 2019 Financial HighlightsNet revenues totaled $5.5 millionPlatform subscriptions and services revenue totaled $5.1 million, or 92% of net revenuesMultiple consecutive quarters of platform subscription and services revenue growthGross margin was 50.6%, compared to 78.4% for the same period in the prior yearNon-GAAP gross margin was 51.2%, compared to 47.2% a year agoNet loss was ($3.1) million. Net loss per share was ($0.08), an improvement of 34% quarter-over-quarter sequentiallyNon-GAAP adjusted EBITDA loss was ($2.4) million, a $1.2 million improveme
Show less
Read more
Impact Snapshot
Event Time:
PHUN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PHUN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PHUN alerts
High impacting Phunware, Inc. news events
Weekly update
A roundup of the hottest topics
PHUN
News
- Hut 8, Phunware among notable technology additions to Russell Microcap; CleanSpark, Photronics removed [Seeking Alpha]Seeking Alpha
- Phunware, Inc. (NASDAQ: PHUN) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $12.00 price target on the stock.MarketBeat
- Phunware, Inc. (NASDAQ:PHUN) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Phunware Reports Significant Improvement in First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Phunware Reports Significant Improvement in First Quarter 2024 Financial ResultsGlobeNewswire
PHUN
Earnings
- 5/9/24 - Beat
PHUN
Sec Filings
- 5/24/24 - Form 4
- 5/13/24 - Form 10-Q
- 5/9/24 - Form 4
- PHUN's page on the SEC website