Phunware (NASDAQ:PHUN) Announces Earnings Results
Phunware (NASDAQ:PHUN) posted its earnings results on Tuesday. The company reported ($0.08) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The business had revenue of $5.51 million for the quarter.
Shares of NASDAQ:PHUN traded down $0.28 during trading on Wednesday, reaching $1.43. The company had a trading volume of 11,341 shares, compared to its average volume of 492,591. The business’s fifty day moving average is $2.06. Phunware has a twelve month low of $1.37 and a twelve month high of $550.00.
Separately, ValuEngine raised shares of Phunware from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st.
Phunware Inc, together with its subsidiaries, provides Multiscreen-as-a-Service (Maas) and Data-as-a-Service (DaaS) enterprise software platform for mobile devices. Its platform enables brands to engage, manage, and monetize their mobile application portfolios. The company offers Cloud-Based Mobile Software Development Kits (SDKs), which include location-based services, mobile engagement, content management, messaging, advertising, and analytics; and mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application solutions.
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