secwatch.observer — SEC 8-K summary
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Issuer:     Phunware, Inc. (PHUN)
CIK:        0001665300
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001493152-24-030809
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1665300/000149315224030809/0001493152-24-030809-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1665300/000149315224030809/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-030809

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer