Phunware, Inc. (NASDAQ:PHUN) is reporting third quarter financial results on Monday 9th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, PHUN is expected to report 3Q20 loss of $ 0.07 per share from revenue of $ 2.77 million.
For the full year, analysts anticipate top line of $ 10.76 million, while looking forward to loss of $ 0.33 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 2.90 million ~ $ 3.10 million
Click Here For More Historical Outlooks Of Phunware, Inc.
Previous Quarter Performance
Phunware, Inc. unveiled loss for the second quarter of $ 0.08 per share, from the revenue of $ 2.21 million. The consensus estimates are loss of $ 0.09 per share from $ 2.27 million in revenue. The bottom line results beat street analysts by $ 0.01 or 11.11 percent, at the same time, top line results fell short of analysts by $ 0.06 million or 2.64 percent.
Stock Performance
On Friday, shares of Phunware, Inc. has traded high as $ 0.70 and has cracked $ 0.68 on the downward trend, reaching $ 0.70 with volume of 384.10 thousand shares.
According to the previous trading day, closing price of $ 0.70, representing a 29.63 % increase from the 52 week low of $ 0.54 and a 76.67 % decrease over the 52 week high of $ 3.00.
The company has a market capital of $ 31.74 million and is part of the Technology sector and Software – Application industry.
Conference Call
Phunware, Inc. will be hosting a conference call at 5:00 PM eastern time on 9th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.phunware.com
Phunware, Inc., together with its subsidiaries, provides multiscreen-as-a-service (MaaS) enterprise cloud platform for mobile devices worldwide. Its platform enables brands to engage, manage, and monetize their mobile application portfolios. The company offers platforms as software-as-a-service, data-as-a-service, and application transactions media.
