NASDAQ$PHUN

Phunware Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Announced financial results for the fiscal year ended December 31, 2019 and provided an update on recent business developments.

Phunware reported full year 2019 financial results, including a shift from one-time revenue to recurring platform subscriptions. The company also announced a $3 million structured debt financing and a furlough of 37 employees in response to COVID-19.

  • Net revenues for the year totaled $19.2 million.
  • Platform subscriptions and services revenue were $17.2 million.
  • Gross margin was 52.9%.
  • Net loss was ($12.9) million.

Headline financials

Total Revenue

$2.69M

Previous: $6.5M-58.7%
EPS (adj)

-$5.00

Previous: -$6.91+27.6%
Net Income

-$12.9M

Previous: -$3.59M-258.4%
Operating Income

-$12.3M

Previous: -$1.59M-672.4%
Gross Profit

$10.1M

Previous: $3.34M+202.9%
Cash & Equivalents

$276K

No prior period
Total Assets

$29.1M

No prior period

Revenue & EPS history

Phunware · Revenue · Quarterly

$2.69M

Q4 2019-58.7%vs Q4 2018
Beat estimate in 0 of 2 quarters(0%)
ActualEstimate

Forward guidance

The company is focused on existing customer contracts and new business opportunities related to mobile, cloud, big data, and remote expertise, particularly in telehealth, political advocacy, remote work optimization, and smart cities.

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 Q4 2019

Historical avgQ4 2019

-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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