Phunware (NASDAQ:PHUN) Announces Quarterly Earnings Results

Phunware (NASDAQ:PHUN) released its quarterly earnings data on Thursday. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.12, Zacks reports. Phunware had a negative net margin of 867.61% and a negative return on equity of 244.22%. The company had revenue of $0.99 million during the quarter, compared to the consensus estimate of $0.93 million.

Phunware Trading Up 2.1 %

Shares of PHUN opened at $2.95 on Friday. Phunware has a fifty-two week low of $2.70 and a fifty-two week high of $14.60. The firm has a 50-day simple moving average of $3.76 and a 200-day simple moving average of $4.58. The company has a current ratio of 3.80, a quick ratio of 3.80 and a debt-to-equity ratio of 0.02.

About Phunware

Phunware, Inc, together with its subsidiaries, provides integrated software platform that equips companies with the products, solutions, and services to engage, manage, and monetize their mobile application portfolios in the United States and internationally. The company's products and services include mobile software and application transaction solutions comprise integration of software development kit (SDK) licenses, which consists of analytics that offers data related to application use and engagement; content management that allows application administrators to create and manage app content in a cloud-based portal; alerts, notifications, and messaging, which enables brands to send messages; marketing automation that enables location-triggered messages and workflow; advertising; and location-based services, such as mapping, navigation, wayfinding, workflow, asset management, and policy enforcement.