Phunware shares fall 3.85% premarket after reporting a 25.9% decrease in revenue and a 62.4% increase in net loss for Q1 2025.
ByAinvest
Tuesday, May 13, 2025 9:17 am ET1min read
PHUN--
Phunware, Inc. declined 3.85% in premarket trading, following the release of its first quarter 2025 financial results. The company reported a revenue of $0.688 million, down from $0.921 million in the previous year, and a net loss of $3.72 million, compared to $2.29 million in the prior year. The loss per share was $0.18, down from $0.33 in the previous year.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet