Phunware Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
January 02, 2019 at 05:25 pm
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Phunware Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported net revenues of $5,215,000 against $7,427,000 a year ago. Operating loss was $3,341,000 against $8,529,000 a year ago. Loss before tax was $3,520,000 against $8,713,000 a year ago. Net loss was $3,520,000 against $8,713,000 a year ago.
For the nine months, the company reported net revenues of $24,380,000 against $21,585,000 a year ago. Operating loss was $5,269,000 against $19,680,000 a year ago. Loss before tax was $6,212,000 against $19,877,000 a year ago. Net loss was $6,212,000 against $19,877,000 a year ago.
Phunware, Inc. offers a fully integrated cloud platform for mobile that provides companies with products, services and solutions necessary to engage, manage and monetize their mobile application portfolios and audiences at scale. Its platform provides the entire mobile lifecycle of applications, media and data in one login through one procurement relationship. Its offerings include Enterprise mobile software development kits (SDKs) including content management, location-based services, marketing automation, business intelligence and analytics, notifications and messaging, audience engagement and audience monetization; Integration of its SDK licenses into existing applications maintained by its customers, and custom application development and support services; Cloud-based vertical solutions, and Application transactions for mobile audience building, user acquisition, application discovery, audience engagement and monetization, including its engagement-driven digital asset PhunToken.
PHUNWARE, INC. 
