Phunware earnings, Revenue miss in Q3

  • Investing.com
Phunware earnings, Revenue miss in Q3
Credit: © Reuters.

Investing.com - Phunware reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Phunware announced earnings per share of $-0.08 on revenue of $4.76M. Analysts polled by Investing.com anticipated EPS of $-0.07 on revenue of $6.05M.

Phunware shares are down 28.35% from the beginning of the year and are trading at $1.23 , down-from-52-week-high.

Phunware follows other major Information Technology sector earnings this month

Phunware's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.

Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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