Phunware PHUN reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Phunware beat estimated earnings by 42.86%, reporting an EPS of $-0.04 versus an estimate of $-0.07.
Revenue was down $2.03 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 4.05% drop in the share price the next day.
Here's a look at Phunware's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.07 | -0.05 | |
| EPS Actual | -0.10 | -0.08 | -0.17 | -0.15 |
| Revenue Estimate | 5.47M | 6.01M | 5.79M | 6.01M |
| Revenue Actual | 4.77M | 4.76M | 5.49M | 6.78M |
To track all earnings releases for Phunware visit their earnings calendar here.
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Posted In: EarningsBZI-Recaps