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Phunware Reports Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-11-07 21:05
AUSTIN, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), a leader in enterprise cloud solutions for mobile applications, announces its financial results for the quarter ended September 30, 2024. Financial Highlights Steady progress in reducing net loss; Net loss from continuing operations was $2.8 million, or ($0.25) per share, for Q3 2024, as compared to a net loss of $13.7 million, or ($5.72) per share, for Q3 20231Net cash used in operating activities ...
Phunware Appoints Global Technology and AI Leader Rahul Mewawalla as Chairman of the Board
GlobeNewswire News Room· 2024-11-05 13:31
Accomplished Public Company Executive at Leading Fortune 500 and Silicon Valley Technology Companies Brings Growth, Turnarounds, and Innovation Expertise AUSTIN, Texas, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Phunware, Inc. (Nasdaq: PHUN), a leader in cloud enterprise solutions for mobile applications and related enterprise technologies, today announced the appointment of Rahul Mewawalla, who has served as a director of the company since October 2021, as Chairman of the Board, effective immediately. As Chairman, ...
Phunware to Report Third Quarter 2024 Financial Results on Thursday, November 7, 2024
GlobeNewswire News Room· 2024-11-04 21:34
Management to Host Business Update Conference Call on Thursday, November 7, 2024 at 4:30 p.m. ET AUSTIN, Texas, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), a leader in enterprise cloud solutions for mobile applications, announces it will report third quarter 2024 financial results after the U.S. financial markets close on Thursday, November 7, 2024 and will host a live conference call at 4:30 p.m. ET to discuss the results, recent leadership changes, ongoin ...
Phunware To Acquire Stake in Campaign Nucleus Subsidiary
GlobeNewswire News Room· 2024-11-04 13:31
AUSTIN, Texas, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Phunware, Inc. (NASDAQ: PHUN), a leader in enterprise cloud solutions for mobile applications, announced that it signed a term sheet, in conjunction with other parties, to acquire a controlling interest in MyCanvass, LLC, which is currently indirectly majority owned and controlled by Campaign Nucleus, a SaaS platform company founded by Brad Parscale, for a mix of cash and Phunware stock having an aggregate value of $1.02 million. Mr. Parscale is known for his ...
Phunware Needs To Reignite Growth At All Costs
Seeking Alpha· 2024-10-30 19:40
Phunware, Inc. (NASDAQ: PHUN ) is in the process of reinventing its presence in the mobile applications development space as it invests in developing a GenAI feature. Though this capability can beMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and cons ...
Phunware Announces Retirement of CEO Mike Snavely and Appoints Stephen Chen as Interim CEO
GlobeNewswire News Room· 2024-10-24 12:58
AUSTIN, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Phunware, Inc. (NASDAQ: PHUN), a leader in cloud enterprise solutions for mobile applications and related technologies, announced today that Michael Snavely, CEO of Phunware, has retired and resigned from Phunware. Stephen Chen, former Chairperson of the Phunware Board of Directors, has assumed the role of interim CEO of Phunware, effective October 22, 2024. "We appreciate Mike's dedication and service to Phunware and wish him much success in the future," sai ...
Phunware to Present at the LD Micro Main Event XVII
GlobeNewswire News Room· 2024-10-21 12:15
AUSTIN, Texas, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), a leader in enterprise cloud solutions for mobile applications, announces that CEO Michael Snavely will present a corporate overview at the LD Micro Main Event XVII. The investment conference is being held on October 28 – 30, 2024 at the Luxe Sunset Boulevard Hotel in Los Angeles.         Event:LD Micro Main Event XVII  Presentation Date:Wednesday, October 30, 2024  Time:11:30 AM PT (Track 3)  Regis ...
Phunware to Attend and Exhibit at The Hospitality Show in San Antonio
GlobeNewswire News Room· 2024-10-17 12:00
AUSTIN, Texas, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Phunware, Inc. (NASDAQ: PHUN) ("Phunware" or the "Company"), a leader in cloud enterprise solutions for mobile applications and related technologies, will introduce a fully-customizable and configurable mobile solution for events during The Hospitality Show in San Antonio, October 7-10. Members of Phunware's executive and sales teams will be onsite and exhibiting its mobile hospitality solution at the Henry B. González Convention Center, Booth #139. Phunware' ...
Phunware (PHUN) Soars 14.7%: Is Further Upside Left in the Stock?
ZACKS· 2024-10-16 14:41
Phunware (PHUN) shares ended the last trading session 14.7% higher at $5.39. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 37.8% gain over the past four weeks. Phunware is benefiting from strong customer retention and increased bookings particularly in the hospitality and healthcare sectors. This company is expected to post quarterly loss of $0.26 per share in its upcoming report, which represents a year-over-yea ...
Phunware Issues Letter to Stockholders and Announces Business Update
GlobeNewswire News Room· 2024-10-16 12:00
Phunware Announces Next Generation AI-Driven SaaS Platform Targets expansion into the Global Mobile App Market expected to exceed $420 Billion by 2028 AUSTIN, Texas, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Phunware, Inc. (NASDAQ: PHUN) ("Phunware" or the "Company"), a leader in cloud enterprise solutions for mobile applications and related technologies, today issued a letter to stockholders from Mike Snavely, the Chief Executive Officer of Phunware, providing an update on Phunware's existing and new business unit ...