Phunware Inc Stock Price, News & Analysis

Phunware (NASDAQ: PHUN) announces its upcoming Third Quarter 2024 financial results release scheduled for Thursday, November 7, 2024, after U.S. market close. The company will host a conference call at 4:30 p.m. ET to discuss quarterly results, recent leadership changes, ongoing initiatives, and upcoming milestones. The call will include management remarks followed by a Q&A session. U.S. participants can dial 1-888-506-0062 (international: 973-528-0011) using code 704558. A live webcast and replay options will be available, with the telephonic replay accessible until November 21, 2024.

Phunware (NASDAQ: PHUN) has signed a term sheet to acquire a controlling interest in MyCanvass, , a subsidiary majority owned by Campaign Nucleus, for $1.02 million in cash and stock. MyCanvass specializes in voter and advocacy engagement tools, including mobile apps. The acquisition will combine Phunware's enterprise cloud solutions with Campaign Nucleus's political campaign expertise to develop AI-powered canvassing tools. The partnership aims to enhance campaign effectiveness, enable real-time voter outreach, and support political and advocacy campaigns both within and outside the U.S.

Phunware (NASDAQ: PHUN) announced the retirement and resignation of CEO Michael Snavely, with former Board Chairperson Stephen Chen appointed as interim CEO effective October 22, 2024. The company is shifting focus towards generative AI, predictive analytics, and cloud-based services. As part of this transition, Phunware launched a new microsite (ai.phunware.com) dedicated to helping businesses and developers leverage generative AI and mobile app technologies. The company aims to strengthen its position in mobile and cloud-based solutions while expanding into AI-driven technologies.

Phunware, a leader in enterprise cloud solutions for mobile applications, has announced its participation in the LD Micro Main Event XVII. CEO Michael Snavely will present a corporate overview at the investment conference, which is scheduled for October 28-30, 2024 at the Luxe Sunset Boulevard Hotel in Los Angeles.

Key details of the presentation include:

• Date: Wednesday, October 30, 2024
• Time: 11:30 AM PT (Track 3)
• Registration link: https://me24.sequireevents.com/

In addition to the presentation, CEO Michael Snavely and CFO Troy Reisner will be available for one-on-one meetings with registered investors attending the conference.

Phunware, Inc. (NASDAQ: PHUN) is set to showcase its Mobile Hospitality Solution at The Hospitality Show in San Antonio from October 7-10, 2024. The company will exhibit at Booth #139 in the Henry B. González Convention Center, introducing a fully-customizable and configurable mobile solution for events.

Phunware's solution aims to boost guest engagement and drive incremental revenue by enhancing the guest experience from pre-arrival to on-property activities. Key features include digital keys, push notifications, and on-property wayfinding. CEO Mike Snavely emphasized the platform's ability to provide personalized experiences and convenient access to essential services like contactless check-in and mobile ordering.

The Hospitality Show, produced by AHLA and Questex, serves as a forum for vendors, educators, and hospitality industry professionals to explore efficient and profitable hotel operations.

Phunware, Inc. (NASDAQ: PHUN) has issued a letter to stockholders from CEO Mike Snavely, providing an update on the company's performance and future plans. Key highlights include:

• Increased sales by two orders of magnitude in H1 2024 compared to H1 2023
• Lowered cash burn by more than half
• 939% growth in bookings for H1 2024 compared to H1 2023
• Announcement of a new generative AI-based platform for rapid mobile app development
• Plans to expand digital advertising capabilities and voter/advocacy engagement business
• Zero debt and adequate resources to support investments and growth

The company aims to launch its new AI-powered SaaS platform by mid-2025, targeting the global mobile app market expected to exceed $420 billion by 2028.

Phunware, a leader in enterprise cloud solutions for mobile applications, has announced its participation in the Webull LIVE! with Corporate Connect: Technology Investment Webinar. The event is scheduled for Wednesday, October 16, 2024, at 2pm ET.

During the webinar, Phunware CEO Mike Snavely will present an overview of the company and its strategic path forward. Following the presentation, there will be a Q&A session where investors can engage with the CEO directly.

This webinar provides an opportunity for investors to gain insights into Phunware's operations and future plans. Interested parties can register for the event through the provided webinar link.

Phunware, Inc. (NASDAQ: PHUN) will showcase its Conference Event Solution at IMEX America and the Global Gaming Expo (G2E) in Las Vegas, October 7-10, 2024. The mobile solution features intuitive wayfinding, increased sponsor ROI, and data-driven insights. Key features include:

• Turn-by-turn directions for complex venues
• Location-based notifications for sponsors
• Real-time data and analytics for organizers

Phunware's technology can integrate into existing event mobile apps or management platforms. The company is scheduling demos for attendees at both trade shows, highlighting how their solution can elevate events and gaming environments.

Phunware (NASDAQ: PHUN), a mobile experience platform, announces CEO Michael Snavely's participation in the H.C. Wainwright 26th Annual Global Investment Conference. The event is scheduled for September 9-11, 2024 at the Lotte New York Palace Hotel. Snavely will present a corporate overview on September 9, 2024, available on-demand from 7:00 am ET.

Investors can register for the conference at https://hcwevents.com/annualconference/ to access the presentation. Additionally, CEO Snavely and CFO Troy Reisner will be available for one-on-one meetings with registered conference investors, providing an opportunity for direct engagement with Phunware's leadership.