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Phunware Inc - PHUN STOCK NEWS

Welcome to our dedicated page for Phunware news (Ticker: PHUN), a resource for investors and traders seeking the latest updates and insights on Phunware stock.

Phunware Inc. (NASDAQ: PHUN) delivers enterprise-grade mobile engagement solutions through its multiscreen-as-a-service cloud platform. This page serves as the definitive source for verified news and press releases related to PHUN’s mobile technology innovations, strategic partnerships, and market developments.

Investors and industry professionals will find timely updates on earnings reports, product launches, and operational milestones. Our curated collection ensures access to essential information about PHUN’s mobile app ecosystem, digital advertising capabilities, and data-driven engagement tools without promotional bias.

Content spans regulatory filings, executive announcements, and technology patents, providing a holistic view of PHUN’s position in the competitive SaaS landscape. Bookmark this page to monitor how Phunware’s integrated platform continues to shape mobile-first customer experiences across industries.

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Phunware, Inc. (NASDAQ: PHUN) announced its participation in upcoming virtual financial conferences in Q2 2021. Key events include the H.C. Wainwright Cryptocurrency, Blockchain & FinTech Conference on April 27 and the Needham Virtual Technology & Media Conference from May 17-20. Additionally, Phunware will engage in a fireside chat at the Northland Capital Markets Customer Engagement SaaS Conference on June 16. This activity highlights the company's strategy to enhance visibility and engagement with investors in the evolving mobile technology landscape.

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Austin-based Phunware, Inc. (NASDAQ: PHUN) has launched its Data Software Development Kit (SDK) for both Apple iOS and Google Android platforms. This SDK enables third-party mobile applications to reward users with PhunCoin for their data. The release supports the broader launch of Phunware's blockchain-enabled Customer Data Platform, enhancing consumer control over their data and compensation for sharing it. CEO Alan S. Knitowski emphasized the importance of data transparency and accountability. This announcement follows the recent launch of Phunware's Loyalty SDK on both platforms.

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Phunware, Inc. (NASDAQ: PHUN) has launched its Loyalty Software Development Kit (SDK) for Apple iOS and Google Android. This SDK enables third-party mobile applications to issue PhunToken and integrates into existing mobile apps for enhanced customer engagement. The launch supports Phunware's Multiscreen-as-a-Service (MaaS) Mobile Loyalty Ecosystem, which aims to incentivize user participation and loyalty. Additionally, a Data SDK is expected later this month, allowing app publishers to reward users for their data with PhunCoin.

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Phunware, Inc. (NASDAQ: PHUN) has authorized bitcoin purchases to prepare for the launch of its blockchain-enabled MaaS Customer Data Platform and MaaS Mobile Loyalty Ecosystem. The company has purchased 25.8 bitcoin at an average price of $58,133 each. Additionally, Phunware plans to release PhunWallet on iOS and Android to manage PhunCoin and PhunToken for rewarding users. The company also partnered with BitPay to offer cryptocurrency payroll options for employees. CEO Alan S. Knitowski aims to boost cryptocurrency adoption by leveraging over a decade of mobile expertise.

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Phunware, Inc. (NASDAQ: PHUN) reported its financial results for the year ending December 31, 2020. The company transitioned to a high-margin SaaS business model, achieving net revenues of $10.0 million and gross margin of 66.4%. However, it faced a net loss of $22.2 million, equating to a loss per share of $0.50. The company is optimistic about its future with a recent institutional financing of approximately $25 million, enabling it to pursue growth initiatives and expand its global footprint. Notable partnerships were established in the healthcare sector, enhancing its service offerings.

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Phunware, Inc. (NASDAQ: PHUN) will conduct a conference call on March 25, 2021, at 5:00 p.m. ET to discuss its financial results for Q4 and full-year 2020. The call will provide insights into the company's performance, with financial results to be released shortly before the call. A question and answer session will follow the management's presentation. Investors can access the call via dial-in numbers provided, and it will also be available for replay online. This event highlights Phunware's commitment to transparency and stakeholder engagement in their financial reporting process.

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Phunware, Inc. (NASDAQ: PHUN) announces a partnership with Vizzia Technologies to enhance healthcare service delivery through a mobile digital front door solution. This collaboration leverages Vizzia's real-time location systems and Phunware's Multiscreen-as-a-Service (MaaS) platform to offer features including appointment reminders, indoor navigation, and integration with electronic health records like Epic. With Vizzia's 98% revenue growth over three years and recognition on the 2020 Inc. 5000 list, this partnership aims to streamline healthcare processes and improve patient care.

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Phunware (NASDAQ: PHUN) will present at the 33rd Annual Roth Conference, taking place virtually from March 15-17. The management team has recorded their presentation, available for replay here. Phunware will also participate in one-on-one meetings throughout the event. Interested parties can reach out to their IR team at PHUN@gatewayir.com for more information.

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Phunware, Inc. (NASDAQ: PHUN) has announced a five-year contract expansion for its Multiscreen-as-a-Service (MaaS) platform with Dignity Health, Yavapai Regional Medical Center (YRMC). This deployment marks the 40th facility to utilize Phunware’s MaaS Location Based Services (LBS) software, enhancing navigation and engagement across over 22 million square feet of medical facilities. The technology offers real-time indoor positioning and is ADA compliant, improving accessibility for all users. This partnership underscores Phunware's growth and commitment to digital transformation in healthcare.

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Phunware (NASDAQ: PHUN) has completed its underwritten public offering of common stock, closing on February 12, 2021. The company sold 11,761,111 shares, generating approximately $24.7 million in net proceeds after deducting expenses. Northland Securities and Roth Capital acted as joint book-running managers for the offering. The offering was registered with the SEC, and the final prospectus supplement is accessible on their website. This transaction aims to bolster the company’s financial position and support future business strategies.

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Nasdaq:PHUN

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PHUN Stock Data

51.84M
20.04M
0.76%
11.09%
8.8%
Software - Application
Services-computer Processing & Data Preparation
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United States
AUSTIN