Phunware Reports Third Quarter 2024 Financial Results
Phunware, Inc. (PHUN)
Company Research
Source: GlobeNewswire
AUSTIN, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), a leader in enterprise cloud solutions for mobile applications, announces its financial results for the quarter ended September 30, 2024. Financial Highlights Steady progress in reducing net loss; Net loss from continuing operations was $2.8 million, or ($0.25) per share, for Q3 2024, as compared to a net loss of $13.7 million, or ($5.72) per share, for Q3 20231Net cash used in operating activities from continued operations was $10.4 million for Q3 2024, as compared to $14.6 million for Q3 2023Year-to-date software and subscription bookings up 300% over prior yearCash and cash equivalents as of September 30, 2024 was $35.5 millionSubsequent to the end the third quarter and based on proceeds from the Company’s use of the at-the-market (ATM) financing facility, the Company’s cash and cash equivalents as of November 6, 2024 was approximately $110 million. 1 Based on 11.1 mil
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News
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- Phunware Survey on Resort Guest Digital Experiences Highlights Connection Between Mobile App Integration and Guest SatisfactionGlobeNewswire
- Phunware to Participate in the 13th Annual ROTH Technology Conference in New York City November 20, 2024 [Yahoo! Finance]Yahoo! Finance
- Phunware to Participate in the 13th Annual ROTH Technology Conference in New York City November 20, 2024GlobeNewswire
- Phunware, Inc. (NASDAQ: PHUN) had its price target lowered by analysts at Ascendiant Capital Markets from $20.00 to $13.00. They now have a "buy" rating on the stock.MarketBeat
PHUN
Earnings
- 11/7/24 - Beat
PHUN
Sec Filings
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 8-K
- 11/5/24 - Form 8-K
- PHUN's page on the SEC website