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. It also engages the integration of its SDK licenses into existing applications maintained by its customers, as well as custom application development and support services; provision of cloud-based vertical solutions for healthcare, retail, sports, aviation, real estate, hospitality, education, and other applications; offering application transactions, including re-occurring and one-time transactional media purchases for application discovery, user acquisition and audience building, audience engagement, and audience monetization; and pre-packaged and custom high-end personal computer systems for gaming, streaming, and cryptocurrency mining enthusiasts. The company was founded in 2009 and is headquartered in Austin, Texas.
Phunware Stock Performance
Shares of NASDAQ:PHUN traded up $0.08 during mid-day trading on Wednesday, hitting $1.78. 2,145,266 shares of the company were exchanged, compared to its average volume of 8,103,494. The company has a quick ratio of 1.44, a current ratio of 1.62 and a debt-to-equity ratio of 0.02. The stock has a 50 day simple moving average of $1.33 and a 200-day simple moving average of $2.00. Phunware has a 1-year low of $0.82 and a 1-year high of $24.04. The firm has a market cap of $174.15 million, a price-to-earnings ratio of -2.66 and a beta of 11.38.
Phunware (NASDAQ:PHUN - Get Rating) last released its earnings results on Thursday, May 12th. The company reported ($0.05) EPS 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 business had revenue of $6.78 million during the quarter, compared to analyst estimates of $6.02 million. On average, sell-side analysts forecast that Phunware will post -0.2 EPS for the current fiscal year.