Phunware, Inc. (NASDAQ:PHUN) reported its fourth-quarter financial results after the bell Tuesday. Here's a look at the details.
Phunware reported quarterly losses of $17.62 per share, which missed the analyst consensus estimate of losses of $2.00 per share.
The company clocked sales of $4.8 million, beating the analyst consensus estimate of $2.1 million and representing a 0.57% increase over sales of $4.77 million from the same period last year.
"In late 2023 and into early 2024, we strategically reshaped our operating costs and stabilized our balance ...