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Phunware Inc reports results for the quarter ended June 30 - Earnings Summary

Phunware Inc PHUN.OQ reported a quarterly adjusted loss of 16 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -32 cents.  The mean expectation of four analysts for the quarter was for a loss of 15 cents per share. Wall Street expected results to range from -19 cents to -12 cents per share.

Revenue fell 55% to $455.00 thousand from a year ago; analysts expected $726.50 thousand.

Phunware Inc's reported EPS for the quarter was a loss of 16 cents​.

The company reported a quarterly loss of $3.14 million.

Phunware Inc shares had fallen by 18.6% this quarter and lost 50.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 11.1% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Phunware Inc is $5.13, about 49.7% above its last closing price of $2.58

This summary was machine generated from LSEG data August 11 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 2025-0.15-0.16Missed
Mar. 31 2025-0.12-0.18Missed
Dec. 31 2024-0.19-0.06Beat
Sep. 30 2024-0.26-0.25Beat

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