NASDAQ$PHUN

Phunware Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported record revenues with 282% growth in Q2 2022.

Phunware reported a record second quarter with revenue exceeding $5.5 million, representing a 282% year-over-year growth. The company's net loss was $(17.1) million, including a $(12.2) million impairment of digital assets. They are reiterating their forward revenue guidance for 2022 of up roughly 250% year-over-year, or $25M.

  • Net revenues for the quarter totaled $5.5 million.
  • Multiscreen-as-a-Service (MaaS) Platform Revenues were $1.6 million.
  • Hardware Revenues were $3.9 million.
  • Net Loss was $(17.1) million, inclusive of $(12.2) million impairment of digital assets.

Headline financials

Total Revenue

$5.49M

Previous: $1.44M+282.0%
EPS (adj)

-$8.50

Previous: -$4.00-112.5%
Capital Expenditures

-$158K

No prior period
Free Cash Flow

-$17.2M

Previous: -$8.29M-107.8%
Net Income

-$17.1M

Previous: -$8.29M-105.8%
Operating Income

-$7.54M

Previous: -$4.19M-79.7%
Gross Profit

$1.52M

Previous: $312K+387.2%
Cash & Equivalents

$2.71M

Previous: $2.71M-0.3%
Total Assets

$61.2M

Previous: $34.2M+79.0%
Stock-Based Comp

$706K

Previous: $1.38M-49.0%

Revenue & EPS history

Phunware · Revenue · Quarterly

$5.49M

Q2 2022+282%vs Q2 2021
Beat estimate in 3 of 14 quarters(21%)
ActualEstimate

Forward guidance

Phunware expects to close the third quarter strong sequentially, activate PhunCoin for trading on Securitize and continue to deliver dramatic year-over-year growth for the remainder of the fiscal year.

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 2022

Historical avgQ2 2022

-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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