| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | -6.2MM | -322% |
| Gross Profit | 674K | - |
| Cost Of Revenue | -6.9MM | -364% |
| Operating Income | -11.7MM | -37% |
| Operating Expenses | 12.4MM | -34% |
| Net Income | -23MM | +21% |
| R&D | 423K | -59% |
| G&A | 824K | -76% |
| Marketing | -298K | -129% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
The heavy selling pressure might have exhausted for Phunware (PHUN) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
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Equillium (EQ), Laird Superfood (LSF), QuantaSing (QSG), Phunware (PHUN) and Arq (ARQ) more than double in the first quarter and are expected to continue their strong performances.
The mean of analysts' price targets for Phunware (PHUN) points to a 71.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Phunware (PHUN) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Phunware, Inc. (NASDAQ:PHUN) Q4 2023 Earnings Call Transcript March 12, 2024 Phunware, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, ladies and gentlemen, and welcome to Phunware’s Fourth Quarter and Full Year 2023 Investor Conference Call. Currently, […]
Q4 2023 Phunware Inc Earnings Call
AUSTIN, Texas, March 12, 2024 (GLOBE NEWSWIRE) -- Phunware, Inc. (NASDAQ: PHUN) (“Phunware” or “the Company”), the leading provider of patented wayfinding and mobile engagement solutions for mobile that enables brands to engage, manage and monetize anyone anywhere, today announced financial results for the year ended December 31, 2023. “Our company today is dramatically stronger than the one we talked about in November,” said Mike Snavely, CEO of Phunware. “With management changes, a reduction i
AUSTIN, Texas, March 06, 2024 (GLOBE NEWSWIRE) -- Phunware, Inc. (Nasdaq: PHUN, “Phunware” or the “Company”), the leading provider of patented wayfinding and mobile engagement solutions for mobile that enables brands to engage, manage and monetize anyone anywhere, will be holding one-on-ones meetings at the 36th Annual ROTH Conference on March 17-19, 2024 at the Ritz Carlton Laguna Niguel in Dana Point California. Company CEO Mike Snavely and CFO Troy Reisner will hold one-on-one meetings with i
Phunware (PHUN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.