Phunware Q3 revenue $4.8M (+120% YoY); revises FY2022 guidance to ~$22.5M

Phunware, Inc.

2022-Q3 EPS reported -$0.41 revenue$17,021,000

Net revenues $4.8M, up >120% YoY; MaaS platform rev $1.3M, hardware rev $3.5M.
Net loss $(8.0)M or $(0.08) per share; Non-GAAP adjusted EBITDA loss $(6.7)M.
FY2022 revenue guidance raised to ~$22.5M (~225% YoY); MaaS backlog ~$8M.
Contract renewal with Parkview Health; LYTE Black Friday PC sale launched.
Presented at Needham Virtual Crypto Conference; Roth Technology event Nov 16.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Phunware, Inc. reported the quarter ended September 30, 2022 results: revenue $4.8 million, net income $(8.0) million, EPS $(0.08). Guidance raised.

Period: the quarter ended September 30, 2022
Revenue: $4.8 million
Net income: $(8.0) million
EPS: $(0.08)
Guidance: raised
Result: reported results

Exact text from the filing

Third Quarter 2022 Financial Results • Net Revenues for the quarter totaled $4.8 million • Multiscreen-as-a-Service (MaaS) Platform Revenues were $1.3 million • Hardware Revenues were $3.5 million • Net Loss was $(8.0) million • Net Loss per Share was $(0.08)

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Source: SEC EDGAR

accession 0001628280-22-029480

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