Phunware Q4 EPS $(17.62) Misses $(2.00) Estimate, Sales $4.80M Beat $2.10M Estimate
Portfolio Pulse from Happy Mohamed
Phunware reported a significant Q4 EPS loss of $(17.62), vastly missing the $(2.00) estimate, while sales of $4.80M exceeded the $2.10M estimate. This represents a 17520% increase in losses and a slight 0.57% increase in sales year-over-year.
March 12, 2024 | 8:31 pm
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Phunware's Q4 EPS loss of $(17.62) significantly missed estimates, with a 17520% increase in losses YoY, though sales of $4.80M exceeded expectations.
The substantial miss in EPS and the dramatic increase in losses year-over-year are likely to negatively impact investor sentiment and stock price in the short term. However, the beat in sales estimates might provide some offsetting positive sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100