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Phunware Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-12 20:05
New Customer Launches Drive 40% Revenue Growth for Software Subscriptions and Services Strong Balance Sheet of $109.7 Million Powering R&D Activities in AI-Driven Customer Platform and Corporate Initiatives AUSTIN, Texas, May 12, 2025 (GLOBE NEWSWIRE) -- Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), a leader in enterprise cloud solutions for mobile applications, today reported financial results for the first quarter ended March 31, 2025. Financial Highlights Software subscriptions and service ...
Digital Turbine (APPS) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2025-05-01 13:50
Group 1: Momentum Investing Overview - Momentum investing contrasts with the traditional "buy low and sell high" strategy, focusing instead on "buying high and selling higher" to capitalize on fast-moving stocks [1] - Identifying the right entry point for trending stocks can be challenging, as they may lose momentum if future growth does not justify their high valuations [1] Group 2: Investment Strategy - A safer investment approach involves targeting bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [2] - The 'Fast-Paced Momentum at a Bargain' screen is effective in spotting fast-moving stocks that remain attractively priced [2] Group 3: Digital Turbine (APPS) Analysis - Digital Turbine (APPS) has shown a four-week price change of 1.4%, indicating growing investor interest [3] - Over the past 12 weeks, APPS stock has gained 18.1%, demonstrating its ability to deliver positive returns over a longer timeframe [4] - APPS has a beta of 2.41, suggesting it moves 141% higher than the market in either direction, indicating fast-paced momentum [4] Group 4: Valuation and Earnings Estimates - APPS has a Momentum Score of A, suggesting it is an opportune time to invest in the stock [5] - The stock has a Zacks Rank 2 (Buy) due to an upward trend in earnings estimate revisions, which typically attracts more investor interest [6] - APPS is trading at a Price-to-Sales ratio of 0.65, indicating it is relatively cheap, as investors pay only 65 cents for each dollar of sales [6] Group 5: Additional Opportunities - Besides APPS, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [7] - The Zacks Premium Screens offer over 45 different strategies tailored to help investors find winning stock picks [8]