Phunware Reports Third Quarter 2020 Financial Results

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Go back to Phunware Reports Third Quarter 2020 Financial Results

Phunware (PHUN) Misses Q3 EPS by 12c, Revenues Beat

November 9, 2020 4:55 PM EST

Phunware (NASDAQ: PHUN) reported Q3 EPS of ($0.19), $0.12 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $3.13 million versus the consensus estimate of $2.77 million.

Third Quarter 2020 Summary Financial Highlights

Net Revenues for the quarter totaled $3.13 millionMultiscreen-as-a-Service (MaaS) Platform Subscriptions and Services Revenues were $2.86 millionGross Margin was 71.3%Net Loss was ($8.57) million,... More