Loading...
•
Jun 30, 2024
Phunware Q2 2024 Earnings Report
Phunware's Q2 2024 financial results reported solid performance with significant SaaS bookings growth.
Key Takeaways
Phunware reported its Q2 2024 financial results, highlighting a 623% increase in SaaS bookings compared to Q2 2023. The company focused on supporting existing customers and early renewals, driven by demand for their products and services.
SaaS bookings increased by 623% compared to the second quarter of 2023.
The company executed early renewals with three of its largest customers.
Software bookings are up nearly 10x over the prior six-month period.
The company is activating marketing spend to encourage current customers to renew early.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...