Phunware Q2 EPS $(0.16) Misses $(0.15) Estimate, Sales $455.000K Miss $726.500K Estimate

Phunware (NASDAQ:PHUN) reported quarterly losses of $(0.16) per share which missed the analyst consensus estimate of $(0.15) by 6.67 percent. This is a 50 percent increase over losses of $(0.32) per share from the same period last year. The company reported quarterly sales of $455.000 thousand which missed the analyst consensus estimate of $726.500 thousand by 37.37 percent. This is a 55.00 percent decrease over sales of $1.011 million the same period last year.