Phunware, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 05:15 pm EST
Share
Phunware, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 2.79 million compared to USD 4.76 million a year ago. Net loss was USD 18.98 million compared to USD 8.02 million a year ago. Basic loss per share from continuing operations was USD 8 compared to USD 4 a year ago.
For the nine months, sales was USD 11.03 million compared to USD 17.02 million a year ago. Net loss was USD 29.77 million compared to USD 40.01 million a year ago. Basic loss per share from continuing operations was USD 13.5 compared to USD 20.5 a year ago.
Phunware, Inc. offers a fully integrated cloud platform for mobile that provides companies with products, services and solutions necessary to engage, manage and monetize their mobile application portfolios and audiences at scale. Its platform provides the entire mobile lifecycle of applications, media and data in one login through one procurement relationship. Its offerings include Enterprise mobile software development kits (SDKs) including content management, location-based services, marketing automation, business intelligence and analytics, notifications and messaging, audience engagement and audience monetization; Integration of its SDK licenses into existing applications maintained by its customers, and custom application development and support services; Cloud-based vertical solutions, and Application transactions for mobile audience building, user acquisition, application discovery, audience engagement and monetization, including its engagement-driven digital asset PhunToken.
PHUNWARE, INC. 
