earnings
confidence high
sentiment negative
materiality 0.70
Phunware reports FY22 revenue up 105% to $21.8M, net loss of $50.9M
Phunware, Inc.
- FY22 net revenue $21.8M, up 105% YoY; platform $6.5M, hardware $15.3M.
- Net loss of $50.9M ($0.51 per share); Non-GAAP Adj. EBITDA loss of $23.5M.
- Appointed Russ Buyse as CEO; launched smart hospitality solutions at Gaylord Hotels and Marriott Wailea.
- Announced stock repurchase plan; expanded contract with VHC Health.