NASDAQ$PHUN
Phunware Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Phunware's financial performance declined in Q2 2020 due to the ongoing pandemic, with revenue reaching a historic bottom, while also positioning the company for future success through strategic announcements and customer wins.
Phunware reported a challenging second quarter in 2020, with net revenues totaling $2.2 million and a net loss of $3.5 million. Despite the impact of the pandemic, the company focused on strengthening its balance sheet and reducing operational expenses, achieving a gross margin of 65.3%. They anticipate an acceleration of net revenues in the coming quarter and throughout the rest of the year.
- Net revenues for the quarter totaled $2.2 million.
- Platform Subscriptions and Services Revenues were $2.0 million.
- Gross Margin was 65.3%.
- Net Loss was ($3.5) million.
Headline financials
Revenue & EPS history
Phunware · Revenue · Quarterly
$2.21M
Forward guidance
Phunware expects an acceleration of Net Revenues total for both the coming quarter and the balance of the year sequentially, and also believes that the most recent quarter represents a quarterly, annual and historic bottom for its revenue recognition as a public company.
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 Q2 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
| Quarter | Report date | Reaction (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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