Phunware (PHUN) Expected to Announce Earnings on Tuesday

Phunware (NASDAQ:PHUN) is expected to be announcing its earnings results before the market opens on Tuesday, March 11th. Analysts expect the company to announce earnings of ($0.25) per share and revenue of $0.93 million for the quarter.

Phunware Price Performance

PHUN opened at $3.13 on Monday. The business has a 50 day simple moving average of $4.27 and a 200-day simple moving average of $4.63. Phunware has a 12 month low of $2.70 and a 12 month high of $14.60. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.80 and a quick ratio of 3.80.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on PHUN shares. HC Wainwright cut Phunware from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $9.00 to $6.00 in a report on Tuesday, November 12th. Ascendiant Capital Markets reduced their price objective on Phunware from $20.00 to $13.00 and set a “buy” rating for the company in a report on Tuesday, November 12th.

Phunware Company Profile

Phunware, Inc, together with its subsidiaries, provides integrated software platform that equips companies with the products, solutions, and services to engage, manage, and monetize their mobile application portfolios in the United States and internationally. The company's products and services include mobile software and application transaction solutions comprise integration of software development kit (SDK) licenses, which consists of analytics that offers data related to application use and engagement; content management that allows application administrators to create and manage app content in a cloud-based portal; alerts, notifications, and messaging, which enables brands to send messages; marketing automation that enables location-triggered messages and workflow; advertising; and location-based services, such as mapping, navigation, wayfinding, workflow, asset management, and policy enforcement.