Phunware

PHUN

Market cap $39.5M

Phunware Inc (NASDAQ:PHUN, FRA:2RJA) earlier this week introduced its new “2.0” strategic vision as newly appointed CEO Dimitry Kroshka outlined plans to expand the company's AI-driven hospitality platform and deepen engagement with luxury resort operators. Speaking with Proactive, Kroshka said he had spent the past seven to eight months advising the company before formally stepping into the CEO role.

Phunware Inc (NASDAQ:PHUN, FRA:2RJA) said Thursday it has appointed Dmitry Kroshka as CEO and brought in a product consultancy led by a former Disney+ executive to accelerate a strategic update of its mobile guest intelligence platform. Kroshka, who has served as a senior advisor to the company since October 2025, will lead what Phunware is calling its "2.0 Strategy," focused on converting the company's mobile, location-aware, and customer engagement capabilities into a unified, AI-enabled platform for large-property operators in hospitality, healthcare, and adjacent markets.

Leadership Changes Align Strategy, Product Execution, and Commercial Rollout of Phunware's Next-Generation Guest Intelligence Platform Company to Accelerate Product 2.0 Strategy Across Hospitality, Healthcare, and Large-Property Environments AI Concierge Momentum, 95%+ Customer Retention, and Strong Cash Position Provide Foundation for Next Phase of Growth AUSTIN, Texas, May 14, 2026 (GLOBE NEWSWIRE) -- Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), a mobile-first enterprise cloud platform delivering location-aware customer intelligence and AI-enabled audience engagement tools, today announced a leadership transition and product strategy update designed to accelerate the Company's 2.0 Strategy and expand its footprint across hospitality, healthcare, and other large-property verticals. Effective immediately, Dmitry Kroshka has been appointed Chief Executive Officer.

Phunware (PHUN) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to a loss of $0.12 per share a year ago.

Phunware Inc (NASDAQ:PHUN, FRA:2RJA), the enterprise mobile cloud platform, is positioning itself for a new phase of commercial growth after launching its AI Concierge product and restructuring its hospitality portfolio into two purpose-built tiers, the company said Thursday. The moves come as Phunware reported first-quarter results for the period ended March 31, 2026, with gross margin climbing to 70.8% from 52.2% in the year-ago period and net loss narrowing to $3.2 million from $3.7 million.

Management Expected to Host Investor Webinar in Conjunction with Upcoming Product Announcements & Display at HITEC North America 2026, World's Largest Hospitality Technology Conference AUSTIN, Texas, May 07, 2026 (GLOBE NEWSWIRE) -- Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), the enterprise cloud platform for mobile-first software products, solutions, data, and services to enable customers to engage, manage, and monetize their global audiences, today reported financial results for the first quarter ended March 31, 2026. Financial Highlights Net revenue decreased 21% to $0.5 million in Q1 2026, as compared to $0.7 million in Q1 2025.

Phunware Inc (NASDAQ:PHUN, FRA:2RJA) earlier this week outlined its fourth quarter and full-year financial results, with CEO Jeremy Krol emphasising a transition year focused on stabilisation and positioning the company for future growth. Krol said the past year was defined by efforts to streamline operations, sharpen strategic focus, and eliminate distractions.

Phunware (PHUN) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to a loss of $0.06 per share a year ago.

Phunware Inc (NASDAQ:PHUN, FRA:2RJA) reported improved fourth-quarter revenue and sharply higher margins, as the mobile software platform company pivots toward artificial intelligence-driven solutions for the hospitality sector. Net revenue rose 33% to $0.8 million in the fourth quarter ended December 31, 2025, while gross margin expanded to 57.7% from 23.3% a year earlier, reflecting a shift toward higher-margin software offerings.

Evolution to Focus on Hospitality and Related Markets, Steady Product Revenue, Customer Growth and Expanding Leadership Team Exits FY25 with Strong Cash Position to Accelerate AI Platform and Products and New Corporate Initiatives AUSTIN, Texas, March 20, 2026 (GLOBE NEWSWIRE) -- Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), the enterprise cloud platform for mobile-first software products, solutions, data, and services to enable customers to engage, manage, and monetize their global audiences, today reported financial results for the fourth quarter and year ended December 31, 2025. Financial Highlights Net revenue increased 33% to $0.8 million in Q4 2025, as compared to $0.6 million in Q4 2024.