Phunware (PHUN) Projected to Post Quarterly Earnings on Thursday

Phunware (NASDAQ:PHUN - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect Phunware to post earnings of ($0.13) per share and revenue of $0.60 million for the quarter.

Phunware (NASDAQ:PHUN - Get Free Report) last announced its earnings results on Thursday, March 20th. The company reported ($0.06) earnings per share for the quarter, beating analysts' consensus estimates of ($0.18) by $0.12. Phunware had a negative net margin of 867.61% and a negative return on equity of 244.22%. The firm had revenue of $0.99 million for the quarter, compared to analyst estimates of $0.93 million. On average, analysts expect Phunware to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Phunware Trading Up 1.3 %

PHUN stock traded up $0.04 during trading on Friday, reaching $3.01. The company had a trading volume of 177,448 shares, compared to its average volume of 2,293,536. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.80 and a quick ratio of 3.80. Phunware has a 52 week low of $2.22 and a 52 week high of $14.60. The business has a 50 day moving average of $2.85 and a 200 day moving average of $4.40. The company has a market cap of $60.71 million, a P/E ratio of -3.14 and a beta of 2.58.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. HC Wainwright lowered their target price on Phunware from $6.00 to $3.00 and set a "neutral" rating for the company in a research note on Monday, March 24th. Roth Capital set a $4.50 price objective on Phunware in a research report on Monday, March 24th. Finally, Ascendiant Capital Markets dropped their target price on shares of Phunware from $13.00 to $12.00 and set a "buy" rating on the stock in a report on Monday, April 21st.

Phunware Company Profile

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.