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Phunware Sees Strong Progress in AI Initiatives, Narrows Q3 Loss and Boosts Cash Balance
ByAinvest
Thursday, Nov 6, 2025 4:35 pm ET1min read
Phunware Inc. reported progress in AI-driven products and initiatives, with a strong cash position of $103.8 million. The company highlighted continued forward momentum in its sales pipeline and ongoing development of its AI Concierge. Phunware narrowed its net loss to $2.4 million in Q3 2025, and operational cash outflow decreased to $9.3 million for the first nine months. The company is focused on the hospitality and healthcare sectors.
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