Phunware (PHUN) Set to Announce Earnings on Thursday

Phunware (NASDAQ:PHUNGet Rating) is scheduled to be releasing its earnings data after the market closes on Thursday, August 11th. Analysts expect Phunware to post earnings of ($0.05) per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Phunware (NASDAQ:PHUNGet Rating) last issued its quarterly earnings data on Thursday, May 12th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01). Phunware had a negative net margin of 346.43% and a negative return on equity of 128.71%. The company had revenue of $6.78 million for the quarter, compared to the consensus estimate of $6.02 million. On average, analysts expect Phunware to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Phunware Price Performance

Shares of PHUN stock opened at $1.50 on Thursday. Phunware has a 1-year low of $0.82 and a 1-year high of $24.04. The stock’s 50-day moving average is $1.31 and its 200 day moving average is $2.04. The company has a market cap of $146.75 million, a P/E ratio of -2.24 and a beta of 11.37. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.62 and a quick ratio of 1.44.

Institutional Investors Weigh In On Phunware

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PHUN. Vanguard Group Inc. raised its stake in Phunware by 4.1% in the first quarter. Vanguard Group Inc. now owns 3,423,387 shares of the company’s stock valued at $9,517,000 after buying an additional 134,012 shares during the last quarter. Vontobel Holding Ltd. purchased a new stake in Phunware in the first quarter valued at about $361,000. Bank of America Corp DE raised its stake in Phunware by 4,102.3% in the first quarter. Bank of America Corp DE now owns 89,130 shares of the company’s stock valued at $248,000 after buying an additional 87,009 shares during the last quarter. Citigroup Inc. raised its stake in Phunware by 2,113.5% in the first quarter. Citigroup Inc. now owns 91,086 shares of the company’s stock valued at $253,000 after buying an additional 86,971 shares during the last quarter. Finally, State Street Corp raised its stake in Phunware by 39.4% in the first quarter. State Street Corp now owns 279,704 shares of the company’s stock valued at $778,000 after buying an additional 79,029 shares during the last quarter. 7.81% of the stock is currently owned by hedge funds and other institutional investors.

Phunware Company Profile

(Get Rating)

Phunware, Inc, together with its subsidiaries, offers 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 cloud-based mobile software that licenses in software development kits (SDKs) form utilized inside mobile applications, such as analytics that provides 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; marketing automation that enables location-triggered messages and workflow; advertising; and location-based services that include mapping, navigation, wayfinding, workflow, asset management, and policy enforcement.

Featured Stories

Earnings History for Phunware (NASDAQ:PHUN)

Want More Great Investing Ideas?

Receive News & Ratings for Phunware Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phunware and related companies with MarketBeat.com's FREE daily email newsletter.