Phunware Q2 2024 net loss down 60% to $2.6M; SaaS bookings up 623% YoY

Phunware, Inc.

2025-Q2 EPS reported -$0.65 vs consensus -$0.15 ▼ miss (-324.8%)

Revenue of $1.0M in Q2 2024, up 10% sequentially from $0.9M in Q1 2024.
Net loss narrowed 60% to $2.6M from $6.5M YoY; diluted EPS from cont. ops ($0.32).
SaaS bookings up 623% in Q2 and 939% in 1H24 vs. prior-year periods.
Cash on hand $20.4M at June 30, 2024, vs. $3.9M at Dec 31, 2023, a $16.5M increase.
Appointed hospitality leader Paul Ruffino as strategic advisor; added to FTSE Russell Microcap Index.

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