Phunware (PHUN) Reports Q2 Loss, Misses Revenue Estimates

Core Viewpoint - Phunware reported a quarterly loss of $0.16 per share, slightly worse than the Zacks Consensus Estimate of a loss of $0.15, but an improvement from a loss of $0.32 per share a year ago, indicating ongoing challenges in financial performance [1][2] Financial Performance - The company posted revenues of $0.46 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 38.18%, and down from $1.01 million in the same quarter last year [2] - Over the last four quarters, Phunware has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Performance - Phunware shares have declined approximately 49.2% since the beginning of the year, contrasting with the S&P 500's gain of 7.8% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.16 on revenues of $0.85 million, and for the current fiscal year, it is -$0.65 on revenues of $3.33 million [7] - The trend of earnings estimate revisions for Phunware was mixed ahead of the earnings release, which could change following the recent report [6] Industry Context - The Internet - Software industry, to which Phunware belongs, is currently in the top 33% of over 250 Zacks industries, suggesting a favorable environment compared to lower-ranked industries [8] - The performance of Phunware's stock may be influenced by the overall outlook for the industry [8]