Phunware (NASDAQ:PHUN) Releases Quarterly Earnings Results

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

Phunware Stock Performance

NASDAQ PHUN opened at $2.89 on Friday. Phunware has a 1 year low of $2.70 and a 1 year high of $14.60. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.80 and a current ratio of 3.80. The company has a fifty day moving average of $3.80 and a two-hundred day moving average of $4.58.

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.