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 ...

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 ...

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 ...

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' ...

Company Overview - Phunware (PHUN) shares increased by 14.7% to $5.39 in the last trading session, with a notable trading volume, and have gained 37.8% over the past four weeks [1] - The company is experiencing strong customer retention and increased bookings, particularly in the hospitality and healthcare sectors [1] Earnings Expectations - Phunware is expected to report a quarterly loss of $0.26 per share, reflecting a year-over-year change of +89.6%, with revenues projected at $1.4 million, down 49.8% from the previous year [2] - The consensus EPS estimate for Phunware has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] Industry Context - Phunware operates within the Zacks Internet - Software industry, which includes other companies like Snowflake Inc. (SNOW) [3] - Snowflake's consensus EPS estimate for its upcoming report is $0.15, representing a -40% change from the previous year, and it also holds a Zacks Rank of 3 (Hold) [4]

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 ...

AUSTIN, Texas, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Phunware, Inc. ("Phunware" or the "Company") (NASDAQ: PHUN), the mobile experience platform that guides your customers through every step of their journey with you, today announced it will report its financial results for the second quarter 2024 after the U.S. financial markets close on Thursday, August 8, 2024 and will host a live conference call at 4:30 p.m. ET to discuss the results. Following management's formal remarks, there will be a question-and-answe ...

Company Overview - Phunware, Inc. is a mobile experience platform that enhances customer journeys through personalized mobile applications and SDKs [4] Financial Results Announcement - The company will report its financial results for the second quarter of 2024 after U.S. financial markets close on August 8, 2024 [1] - A live conference call to discuss the results will be held at 4:30 p.m. ET on the same day [1] Conference Call Details - Interested parties can join the conference call by dialing 1-800-715-9871 (domestic) or 646-307-1963 (international) [2] - Callers should connect approximately 10 minutes before the scheduled start time and use Conference ID 4402319 [2] - The conference call will also be available via a live webcast, with a replay accessible for a limited time [3]

HITEC®, produced by Hospitality Financial and Technology Professionals (HFTP®), is the world's premier event for hospitality technology. This must-attend gathering brings together technology innovators and leading industry experts, to share best practices and discuss strategies for enhancing profitability and efficiency within their organizations. "We're thrilled to showcase the transformative power of our hospitality solutions at HITEC this year, as we continue to drive growth and innovation for our custom ...

Core Viewpoint - Phunware, Inc. has filed a prospectus supplement to its existing shelf registration statement, allowing it to offer and sell shares of its common stock with an aggregate offering price of up to $120 million through an "at-the-market" equity offering program [1][4]. Group 1: Offering Details - The company has entered into an Equity Distribution Agreement with Canaccord Genuity LLC and other sales agents for the sale of its common stock [2]. - Shares may be sold at market prices, related prices, or negotiated prices, with the number of shares sold depending on market conditions and the company's capital needs [3]. - The prospectus supplement updates information in the existing prospectus and provides details about the ATM program [4]. Group 2: Amendments and Agreements - An amendment to the Securities Purchase Agreement was made effective June 3, 2024, which states that participation rights for subsequent financings do not apply to issuances under the Equity Distribution Agreement with Canaccord Genuity [5]. Group 3: Company Overview - Phunware aims to enhance connectivity and monetization through the adoption of its technologies, focusing on expanding its software products and services audience [7].