Benzinga | Nov 11, 2021 04:07PM EST

Phunware Q3 EPS $0.01 Beats $(0.04) Estimate, Adj. EBITDA Loss $2.5M, Sales $2.20M Miss $2.27M Estimate

Phunware (NASDAQ:PHUN) reported quarterly earnings of $0.01 per share which beat the analyst consensus estimate of $(0.04) by 125 percent. This is a 111.11 percent increase over losses of $(0.09) per share from the same period last year. The company reported quarterly sales of $2.20 million which missed the analyst consensus estimate of $2.27 million by 3.08 percent. This is a 29.71 percent decrease over sales of $3.13 million the same period last year.