Phunware Reports Second Quarter 2024 Financial Results
Phunware, Inc. (PHUN)
Company Research
Source: GlobeNewswire
AUSTIN, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), the mobile experience platform that guides your customers through every step of their journey with you, announces its financial results for the quarter ended June 30, 2024. “We are pleased to report solid results and continued momentum in our business for the second quarter,” said Troy Reisner, Phunware CFO. “Our team continued to work hard to support our existing customers, including executing early renewals with three of our largest customers, which demonstrates the demand for and value of our product and services.” Financial Highlights 623% and 939% increase in software bookings in 2Q24 and 1H24, respectively, vs. prior periods10% increase in revenue to $1.0 million during 2Q2024 vs. 1Q202449% decline in total operating expenses to $3.4 million during 2Q24 from $6.6 million during 2Q2360% decline in net loss to $2.6 million in 2Q24 vs. a net loss of $6.5M in 2Q23
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
- Phunware, Inc. (NASDAQ: PHUN) had its price target lowered by analysts at Ascendiant Capital Markets from $22.00 to $20.00. They now have a "buy" rating on the stock.MarketBeat
- Phunware to Present at the H.C. Wainwright 26th Annual Global Investment ConferenceGlobeNewswire
- Phunware, Inc. (NASDAQ: PHUN) had its price target lowered by analysts at HC Wainwright from $12.00 to $7.00. They now have a "buy" rating on the stock.MarketBeat
- Phunware, Inc. (PHUN) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Phunware Announces Earnings Release Date and Live Conference Call for Second Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
PHUN
Earnings
- 8/8/24 - Beat
PHUN
Analyst Actions
- 9/3/24 - Ascendiant Capital
PHUN
Sec Filings
- 9/9/24 - Form 8-K
- 8/9/24 - Form 10-Q
- 8/8/24 - Form 8-K
- PHUN's page on the SEC website