Phunware (PHUN) Expected to Announce Earnings on Tuesday

Phunware (NASDAQ:PHUN) is expected to announce its earnings results before the market opens on Tuesday, March 11th. Analysts expect the company to announce earnings of ($0.25) per share and revenue of $0.93 million for the quarter.

Phunware Trading Up 6.1 %

PHUN stock opened at $3.13 on Friday. The company has a current ratio of 3.80, a quick ratio of 3.80 and a debt-to-equity ratio of 0.02. Phunware has a 1 year low of $2.70 and a 1 year high of $14.60. The stock has a 50-day simple moving average of $4.27 and a 200-day simple moving average of $4.63.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on PHUN shares. Ascendiant Capital Markets lowered their target price on Phunware from $20.00 to $13.00 and set a “buy” rating for the company in a research note on Tuesday, November 12th. HC Wainwright lowered Phunware from a “buy” rating to a “neutral” rating and lowered their target price for the company from $9.00 to $6.00 in a research note on Tuesday, November 12th.

Phunware Company Profile

Phunware, Inc, together with its subsidiaries, provides integrated software platform that equips companies with the products, solutions, and services to engage, manage, and monetize their mobile application portfolios in the United States and internationally. The company's products and services include mobile software and application transaction solutions comprise integration of software development kit (SDK) licenses, which consists of analytics that offers data related to application use and engagement; content management that allows application administrators to create and manage app content in a cloud-based portal; alerts, notifications, and messaging, which enables brands to send messages; marketing automation that enables location-triggered messages and workflow; advertising; and location-based services, such as mapping, navigation, wayfinding, workflow, asset management, and policy enforcement.