NASDAQ$PHUN

Phunware Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Announced financial results for the first quarter ended March 31, 2020.

Phunware reported net revenues of $2.6 million for the quarter ended March 31, 2020, with platform subscriptions and services revenues at $2.4 million. The gross margin was 58.7%, and the net loss was $4.0 million, or $0.10 per share. The company expects flat to slightly down net revenues for the coming quarter.

  • Net Revenues for the quarter totaled $2.6 million.
  • Platform Subscriptions and Services Revenues were $2.4 million.
  • Gross Margin was 58.7%.
  • Net Loss was ($4.0) million.

Headline financials

Total Revenue

$2.64M

Previous: $5.32M-50.3%
EPS (adj)

-$5.00

Previous: -$6.00+16.7%
Gross Margin

58.7%

No prior period
Adjusted EBITDA Loss

-$3.18M

No prior period
Free Cash Flow

-$3.96M

Previous: -$3.49M-13.4%
Net Income

-$3.96M

Previous: -$3.49M-13.4%
Operating Income

-$3.86M

Previous: -$3.31M-16.7%
Gross Profit

$1.55M

Previous: $2.7M-42.6%
Cash & Equivalents

$833K

No prior period
Total Assets

$28.8M

No prior period

Revenue & EPS history

Phunware · Revenue · Quarterly

$2.64M

Q1 2020-50.3%vs Q1 2019
Beat estimate in 0 of 3 quarters(0%)
ActualEstimate

Forward guidance

The Company expects to see a flat to slightly down Net Revenues total for the coming quarter, which it believes to represent a bottom for the year and a Net Revenues base from which it will re-accelerate its growth sequentially during both the third quarter and fourth quarter thereafter.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-3.4%

Avg return

Earnings day

-1.8%

Avg return

5 days after

-12.4%

Avg return

30 days after

28%

10 / 36 earnings

Positive

+17.0%

Q1 2022

Best reaction

-24.6%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-0.6%-2.0%
Q1 2026-0.5%+3.5%-1.5%
Q3 2025+1.4%+0.4%-8.8%
Q1 2025+1.3%+0.3%+5.1%
Q4 2024-1.3%-20.0%+0.3%
Q3 2024-24.6%-28.1%-38.2%
Q2 2024+10.5%+4.7%-6.4%
Q1 2024-5.5%+4.9%-24.2%
Q4 2023-11.7%+1.6%-27.3%
Q3 2023-16.7%-13.6%-48.3%
Q2 2023-4.6%-7.8%-34.9%
Q1 2023-5.9%-7.8%-11.9%
Q4 2022-4.1%-5.4%-18.1%
Q3 2022+14.8%+15.6%-25.4%
Q2 2022-3.9%-1.1%-21.3%
Q1 2022+17.0%+11.9%-5.9%
Q4 2021+0.0%-0.7%-25.8%
Q3 2021+4.9%+0.8%-13.1%
Q2 2021-16.3%-21.8%-5.5%
Q1 2021-8.1%+1.5%+3.7%
Q4 2020-15.1%-18.2%-22.4%
Q3 2020-6.8%-8.3%+13.9%
Q2 2020-8.2%-12.2%-40.8%
Q1 2020-0.4%+129.9%+69.8%
Q4 2019-13.6%-30.7%-9.5%
Q3 2019+2.3%+1.5%-9.2%
Q2 2019-17.2%-25.4%+0.6%
Q1 2019-9.8%-26.5%-45.1%
Q4 2018+3.7%-11.7%-82.0%
Q3 2018+0.0%+0.0%-4.1%
Q2 2018+0.0%+0.0%-0.1%
Q4 2017+0.6%+0.1%+0.6%
Q1 2018+0.1%+0.1%+0.1%
Q3 2017-2.1%+0.0%+0.6%
Q2 2017-1.0%-0.3%-0.5%
Q1 2016+0.0%+0.0%-0.1%
Q3 2016

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