earnings
confidence high
sentiment neutral
materiality 0.65
Phunware Q2 revenue up 76% YoY to $0.8M; net loss widens to $5.2M
Phunware, Inc.
- Revenue $0.8M (+76% YoY); gross margin 69% vs 41.8% prior year.
- Cash $92.1M, no debt; net loss $5.2M ($0.26/sh) vs $3.1M ($0.16/sh) prior year.
- Appointed Dmitry Kroshka as CEO; hired Nick Farrell as SVP of Sales.
- AI Concierge commercially deployed; showcased AI Itinerary Builder at HITEC.
- Customer retention >95%; company executing 2.0 Strategy.