NASDAQ$PHUN

Phunware Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported a significant revenue increase and backlog growth.

Phunware reported a 120% year-over-year revenue increase in Q3 2022, with revenues totaling $4.8 million. The company's MaaS backlog expanded to nearly $8M. Forward revenue guidance for 2022 was revised to approximately $22.5M, representing a 225% year-over-year increase.

  • Net revenues for the quarter totaled $4.8 million.
  • Multiscreen-as-a-Service (MaaS) Platform Revenues were $1.3 million.
  • Hardware Revenues were $3.5 million.
  • Net Loss was $(8.0) million.

Headline financials

Total Revenue

$4.76M

Previous: $2.16M+120.3%
EPS (adj)

-$4.00

Previous: -$0.03-13233.3%
Capital Expenditures

-$238K

No prior period
Free Cash Flow

-$8.26M

Previous: $372K-2319.4%
Net Income

-$8.02M

Previous: $372K-2255.4%
Operating Income

-$7.88M

Previous: -$4.04M-95.1%
Gross Profit

$795K

Previous: $1.13M-29.9%
Cash & Equivalents

$8.54M

Previous: $882K+868.0%
Total Assets

$68.5M

Previous: $32M+114.3%
Stock-Based Comp

$899K

Previous: $1.5M-39.9%

Revenue & EPS history

Phunware · Revenue · Quarterly

$4.76M

Q3 2022+120.3%vs Q3 2021
Beat estimate in 3 of 14 quarters(21%)
ActualEstimate

Forward guidance

Phunware is revising its forward revenue guidance for 2022 to up roughly 225% year-over-year, or approximately $22.5M. The second half of 2022 will represent a new second half record for reported revenues as a public company for its comparable period.

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 Q3 2022

Historical avgQ3 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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