Phunware Inc Stock Price, News & Analysis

Phunware, Inc. (NASDAQ: PHUN) and Kontakt.io announced a collaboration with Virginia Hospital Center (VHC) to enhance mobile healthcare delivery. This partnership will implement VHC's Digital Front Door, covering over 850,000 square feet of medical space, enabling services like appointment scheduling and telehealth via a feature-rich mobile app. The innovative solution facilitates patient navigation and improves operational efficiencies, supporting VHC’s commitment to quality care. This initiative reflects Phunware's goal to transform healthcare interactions through advanced mobile technology.

Phunware, Inc. (NASDAQ: PHUN) has announced the launch of PhunCoin, a security token aimed at empowering consumers through data control and fair compensation. This innovative cryptocurrency leverages Phunware's global presence and mobile engagement expertise, with a customer data platform managing around one billion active devices monthly. CEO Alan Knitowski emphasized the need for transparency in data usage, noting that PhunCoin will facilitate consumer ownership of their data. PhunCoin’s compliance is ensured via Securitize, a blockchain-based SEC-registered transfer agent.

Phunware, Inc. (NASDAQ: PHUN) announced a collaboration with Cox Communications to enhance healthcare services through Phunware's Digital Front Door. This integrated solution aims to improve patient experiences by providing mobile engagement features, real-time navigation, and analytics, thereby streamlining operations in healthcare facilities.

George Valentine from Cox emphasized the importance of data and connectivity in improving patient outcomes. The partnership further integrates with Cox's Prosight smart hospital solution, aiming for a cohesive and efficient healthcare experience.

Phunware, Inc. (NASDAQ: PHUN) announced the launch of its MaaS Smart City Solution for Pasadena, Texas, aimed at enhancing citizen engagement and emergency management. This mobile application provides residents with critical real-time information regarding emergencies, including pandemic alerts and natural disasters. Mayor Jeff Wagner emphasized the importance of mobile technology in keeping citizens informed and connected with municipal services. Phunware's solution supports improved interaction and resource management for city officials and residents, contributing to a safer community.

Phunware reported its Q2 2021 financial results, showing net revenues of $1.4 million and a net loss of $8.3 million, translating to a loss per share of $0.12. Despite the challenges posed by the pandemic, the Company highlighted operational momentum with new product launches and an increase in customer backlog. Significant developments include a multi-year distribution agreement with a Fortune 500 partner and the launch of the blockchain-enabled Mobile Loyalty Ecosystem. The Company remains optimistic about future growth opportunities.

Phunware (NASDAQ: PHUN) will hold a conference call on August 12, 2021, at 5:00 p.m. Eastern time to discuss its second-quarter financial results for the period ending June 30, 2021. A press release with the financial results will precede the call. Interested parties can access the call via U.S. dial-in at 844-369-8774 or international dial-in at 862-298-0844. The call will include a question and answer session following management's presentation. For more information, visit phunware.com.

Phunware, a mobile enterprise cloud platform provider, announces its partnership with Steve Grasso of Grasso Global, Inc. for enhanced investor relations. Grasso aims to connect Phunware with institutional investors and strengthen financial strategies. CFO Matt Aune expresses confidence that Grasso's expertise and connections will maximize shareholder value. Phunware, recognized for its Multiscreen-as-a-Service model, serves over one billion active devices monthly, offering comprehensive solutions for mobile customer engagement.

Phunware, Inc. (NASDAQ: PHUN) has finalized a licensing deal for its Multiscreen-as-a-Service platform with a leading pediatric health system in the U.S. This collaboration aims to enhance patient and visitor experiences through a digital front door mobile application. The customer seeks to employ digital innovation for better resource management and clinical outcomes. Phunware’s mobile solutions promise to simplify navigation, integrate with Electronic Health Records, and improve patient engagement, marking a significant step in its healthcare sector strategy.