Funding News and Financial Performance of Phunware
Phunware Reports Second Quarter 2025 Financial Results
Phunware reported its Q2 2025 financial results, highlighting a 16% decrease in software subscriptions and services revenue to $0.4 million, but an improved gross margin of 43.9%. The company also in...troduced new AI features for hospitality and launched Map Editor 3.0, marking significant updates to its platform. Phunware appointed Jeremy Krol as interim CEO, focusing on AI advancements and customer engagement.
Phunware Reports Second Quarter 2025 Financial Results - GlobeNewswire
Phunware reported its Q2 2025 financial results, showing a 16% decrease in software subscriptions and services revenue to $0.4 million compared to the previous year. Despite a net loss of $3.1 millio...n, the company improved its gross margin to 43.9%. Phunware highlighted new AI features and product upgrades, including Map Editor 3.0, and announced the appointment of Jeremy Krol as interim CEO.
Phunware issued a press release on August 8, 2025, announcing its Q2 2025 financial results. The release, furnished as Exhibit 99.1, includes non-GAAP to GAAP reconciliations. This information is not... filed for Section 18 liability purposes.
Phunware Reports First Quarter 2025 Financial Results
Phunware reported a 40% increase in software subscriptions and services revenue for Q1 2025, driven by new customer launches. Despite a net loss of $3.7 million, the company maintained a strong balan...ce sheet with $109.7 million in cash. Phunware is focusing on AI-driven initiatives and expanding its product offerings, including an AI Personal Concierge expected to launch mid-2025.
Q1 Earnings Estimate for Phunware Issued By Taglich Brothers
Taglich Brothers issued Q1 2026 EPS estimates for Phunware, forecasting a loss of $0.16 per share. The full-year earnings estimate is a loss of $0.97 per share. Other firms, Roth Capital and HC Wainw...right, have also provided price targets and ratings for Phunware.
Phunware Announces New Leadership Appointments - TipRanks
Phunware has appointed Rahul Mewawalla as Executive Chairman and Chief AI Architect and Jeremy Krol as Interim CEO, replacing Stephen Chen. These leadership changes aim to boost innovation and advanc...e Phunware's AI priorities, enhancing its strategic goals.
Phunware, Inc. Announces Leadership Changes: Jeremy Krol as Interim CEO and Rahul Mewawalla as Executive Chairman and Chief AI Architect - Quiver Quantitative
Phunware, Inc. has appointed Jeremy Krol as Interim CEO and Rahul Mewawalla as Executive Chairman and Chief AI Architect. Krol, previously COO, will focus on operational continuity, while Mewawalla w...ill drive AI initiatives. These leadership changes aim to enhance Phunware's innovation and growth, particularly in mobile app solutions and generative AI development.