$PHUN

Phunware Inc (NASDAQ:PHUN) said it is accelerating its shift to an AI-enabled guest intelligence platform under new CEO Dmitry Kroshka, following its “2.0 Strategy.” The company plans to preview new platform features at a hospitality conference and appointed Brent McMahan to lead sales. Phunware also renewed a five-year contract with VHC Health for its digital front door and location-based services.

Phunware Inc (NASDAQ:PHUN) reported Q2 revenue up 76% to $0.8 million, with gross margin rising to 69% from 41.8%. The company attributed results to a prior-period customer contract termination. Net loss widened to $5.2 million. Phunware said it has $92.1 million cash and no debt and is investing in an AI-enabled guest intelligence platform under its “2.0 Strategy” after CEO Dmitry Kroshka’s May appointment.

Phunware, Inc. (PHUN) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 phun-ex99_1.htm EX-99.1 EX-99.1 Phunware Reports Second Quarter 2026 Financial Results Revenue Increased 76% Year-Over-Year, Gross Margin Expanded to 69% Maintained $92 Million Cash Position with No Debt to Support Continued Product Innovation and Growth Appointed Chief

4:20pm: Amazon, Apple due US stocks staged a strong comeback on Thursday, shaking off the previous session's sharp selloff after investors looked past the Federal Reserve's decision to keep interest rates unchanged. The Nasdaq led the rally, surging 2.8% to 25,122 as technology stocks powered higher. The S&P 500 climbed 1.7% to 7,438, while the Dow Jones Industrial Average added 614 points, or 1.2%, to close at 52,208.

Phunware (NASDAQ:PHUN) appointed Nick Farrell as senior vice president of sales and added advisors Aaron Holloway and Michael Crooks, citing momentum from HITEC North America 2026. The company also said Wailea Beach Resort agreed to use its AI Concierge within its Guest Intelligence Platform, supporting its “2.0 Plan” product and sales efforts.

Goldenwise Capital Group Ltd has disclosed a 6.1% stake in Phunware, Inc., acquiring 1,233,811 shares for approximately $2.35 million. The investment is for "investment purposes," but Goldenwise plans to engage with Phunware's board and management on governance, capital allocation, strategic direction, and performance. They are seeking constructive dialogue and may pursue board representation or other shareholder actions to enhance shareholder value.

Phunware Inc. CEO Jeremy Krol discussed the company's fourth-quarter results and 2026 outlook, highlighting a transition year focused on stabilization and future growth. The company saw a 33% year-over-year revenue increase in Q4 and 20% growth in its software business, despite a slight overall revenue decline. Key strategies for 2026 include driving revenue growth, customer expansion, leveraging a new AI concierge product, and improving margins while maintaining a strong cash position of $100 million with no debt.

Phunware, Inc. (NASDAQ:PHUN) announced the election of Ed Lu, a tech finance veteran, to its Board of Directors at its Annual Meeting of Stockholders on December 17, 2025. Lu brings over 14 years of experience as a CFO and in similar roles at venture capital and private equity-backed companies. His appointment is expected to bolster the company's financial and operational leadership during a period of strategic transformation.

Phunware (PHUN) delivered earnings and revenue surprises of +14.29% and +16.70%, respectively, for the quarter ended September 2025. Do the numbers hold clues to what lies ahead for the stock?

Paper Details Five Key Levers Driving the Transformation to Unlocking the Full Value of a Property While Creating Extraordinary Guest Experiences