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Phunware, Inc.
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News: PHUN
Phunware revenue jumps as company invests in AI-led growth strategy
Mobile-first enterprise software company Phunware Inc (NASDAQ:PHUN, FRA:2RJA) said on Thursday it is accelerating its transformation into an AI-enabled guest intelligence platform, as new leadership and a strong cash position support investments aimed at expanding its hospitality business and entering adjacent markets. The company, which provides location-aware mobile engagement technology for hospitality, healthcare and other physical venues, said it is focused on executing its "2.0 Strategy" following the appointment of Dmitry Kroshka as CEO in May.
Phunware Reports Second Quarter 2026 Financial Results
Revenue Increased 76% Year-Over-Year, Gross Margin Expanded to 69% Maintained $92 Million Cash Position with No Debt to Support Continued Product Innovation and Growth Appointed Chief Executive Officer and Senior Vice President of Sales and AI and Digital Transformation Veterans to Lead Company's Next Phase of Growth AUSTIN, Texas, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), a mobile-first enterprise guest intelligence platform company delivering location-aware guest intelligence and AI-enabled guest engagement tools, today reported financial results for the second quarter ended June 30, 2026. Financial Highlights Net revenue increased 76% to $0.8 million in the second quarter of 2026, compared to $0.5 million in the second quarter of 2025 as a result of a customer-initiated early contract termination.
Phunware revenue jumps as company invests in AI-led growth strategy
Mobile-first enterprise software company Phunware Inc (NASDAQ:PHUN, FRA:2RJA) said on Thursday it is accelerating its transformation into an AI-enabled...
Phunware expands leadership team as Wailea Beach Resort adopts AI Concierge
Phunware Inc (NASDAQ:PHUN, FRA:2RJA) appointed Nick Farrell as senior vice president of sales and added Aaron Holloway and Michael Crooks as advisors, the mobile enterprise guest intelligence platform company said, building on momentum from its showing at HITEC North America 2026 in San Antonio. The appointments follow strong engagement at the hospitality technology conference, where Phunware demonstrated its Guest Intelligence Platform, including its AI Concierge and AI Itinerary Builder.
Crocs shares slide as weak outlook draws focus from earnings beat
Crocs, Inc. (NASDAQ:CROX) shares fell almost 10% on Thursday after the footwear company issued a weaker-than-expected third quarter outlook, as tariff...
Phunware Announces Key Appointments Following Successful HITEC Industry Conference; Expansion of AI Concierge Footprint
Company Adds Senior Hospitality Sales Leader and Fortune 500 AI and Digital Transformation Veterans to Accelerate Commercial Growth Appointments Build on HITEC 2026 Momentum and Support Continued Expansion of the Company's Guest Intelligence Platform AUSTIN, Texas, July 30, 2026 (GLOBE NEWSWIRE) -- Phunware, Inc. ("Phunware" or the "Company") (NASDAQ: PHUN), a mobile-first enterprise guest intelligence platform company delivering location-aware guest intelligence and AI-enabled guest engagement tools, today announced a series of key appointments following its successful showing at The Hospitality Industry Technology Exposition and Conference ("HITEC") North America 2026 in San Antonio, Texas. The Company has appointed Nick Farrell as Senior Vice President of Sales and has added technology industry veterans Aaron Holloway and Michael Crooks as advisors.
Phunware Issues Statement in Response to Goldenwise Capital Group Letter
Board and Management Reaffirm Confidence in the Company's 2.0 Strategy, Supported by Strong Balance Sheet and Experienced Leadership Company Addresses Goldenwise Statements Regarding Capital, Governance, Board Leadership, and Goldenwise's Interests AUSTIN, Texas, July 16, 2026 (GLOBE NEWSWIRE) -- Phunware, Inc. ("Phunware" or the "Company") (NASDAQ: PHUN), a mobile-first enterprise guest intelligence platform company delivering location-aware guest intelligence and AI-enabled guest engagement tools, today issued the following statement in response to the amended Schedule 13D and attached open letter recently filed by Goldenwise Capital Group and its principal, Huakun (Richard) Ding (the "Goldenwise Materials"). Phunware's Board of Directors (the "Board") and management team value the perspectives of all shareholders and share the common objective of building long-term value.
Phunware Announces Inducement Grant under Nasdaq Listing Rule 5635(c)(4)
AUSTIN, Texas, June 26, 2026 (GLOBE NEWSWIRE) -- Phunware, Inc. ("Phunware" or the "Company") (NASDAQ: PHUN), a mobile-first enterprise guest intelligence platform company delivering location-aware guest intelligence and AI-enabled guest engagement tools, today announced that it made an inducement grant to Dmitry Kroshka in connection with his employment as Phunware's new Chief Executive Officer, effective May 13, 2026. Such grant was made under the Phunware, Inc. 2026 Inducement Plan, which was approved and adopted on June 18, 2026 by Phunware's Board of Directors.
