Phunware reports Q3 net loss $2.4M ($0.12/shr); cash $103.8M; appoints interim CEO

Phunware, Inc.

2025-Q3 EPS reported -$0.46 revenue$1,765,000

Net revenue $0.6M, down 6.5% from $0.7M YoY; gross margin 46.1% vs 48.4%.
Net loss improved to $2.4M from $2.8M; EPS ($0.12) vs ($0.25).
Cash and equivalents $103.8M; net cash used in operations $9.3M for nine months.
Appointed Jeremy Krol as Interim CEO; AI Concierge pilot with hospitality partner.
Sales pipeline opportunities increased QoQ; investments in marketing and senior hires.

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