Overview

* Phunware Q3 2025 revenue decreased 6.5% yr/yr to $0.6 mln

* Net loss improved to $2.4 mln from $2.8 mln in Q3 2024

* Company focuses on AI technology integration and corporate initiatives

Outlook

* Phunware ( PHUN ) plans to expand AI features in its product offerings

* Phunware ( PHUN ) maintains strong liquidity to support AI and sales initiatives

Result Drivers

* AI CONCIERGE DEVELOPMENT - Phunware ( PHUN ) is advancing its AI Concierge product, currently in pilot testing, to enhance customer engagement and monetization in hospitality applications

* SALES AND MARKETING INVESTMENT - Increased investments in sales and marketing to boost brand and performance marketing, including a new website launch and additional leadership

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $622,000

Revenue

Q3 Net -$2.41

Income mln

Q3 Gross $287,000

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the software peer group is "buy"

* Wall Street's median 12-month price target for Phunware Inc ( PHUN ) is $4.25, about 44.5% above its November 5 closing price of $2.36

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)