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0.00882352941176469 0 0.000137254901960813 -0.00490196078431379 -0.00686274509803924 -0.011764705882353 -0.053921568627451 -0.0294117647058824
Stock impact report

Phunware Reports Full Year 2023 Financial Results [Yahoo! Finance]

Phunware, Inc. (PHUN) 
Company Research Source: Yahoo! Finance
wayfinding and mobile engagement solutions for mobile that enables brands to engage, manage and monetize anyone anywhere, today announced financial results for the year ended December 31, 2023. “Our company today is dramatically stronger than the one we talked about in November,” said Mike Snavely, CEO of Phunware. “With management changes, a reduction in our cost structure and marked improvements to the balance sheet we've moved into executing on our vision. We have significant traction with existing and new accounts and a new vision of how we're serving our markets. We'll share our plans on the earnings call and beyond.” Full Year 2023 Financial Results Net revenues from continuing operations for the year totaled $4.8 million Impairment of remaining goodwill of $25.8 million Lyte Technologies business was classified as a discontinued operation in 2023 Net loss from continuing operations was $(41.9) million, excluding the goodwill impairment it would have been $(16.1) mil Show less Read more
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