Phunware: Q3 Earnings Insights

Phunware (NASDAQ:PHUN) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM. Here’s what investors…

Phunware (NASDAQ:PHUN) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Phunware reported in-line EPS of $-0.05 versus an estimate of $-0.05.

Revenue was down $1.97 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 2.75% drop in the share price the next day.

Here’s a look at Phunware’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.06 -0.07 -0.08 -0.07
EPS Actual -0.05 -0.04 -0.10 -0.08
Revenue Estimate 4.87M 5.38M 5.47M 6.01M
Revenue Actual 3.49M 4.75M 4.77M 4.76M

To track all earnings releases for Phunware visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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