Phunware Generates Second-Quarter Revenue of $1.4 Million as its MaaS Platform Gains Momentum

Posted August 17, 2021

Phunware Inc (NASDAQ:PHUN) CEO Alan Knitowski joined Stephen Gunnion from Proactive to unpack second-quarter results that show revenue of $1.4 million, mostly from its Multiscreen-as-a-Service (MaaS) platform subscriptions and services.

Knitowski telling Proactive that Phunware was encouraged by the continued operational momentum for its business during the quarter despite the ongoing coronavirus (COVID-19) pandemic as it accelerated its MaaS platform vision and adoption across a number of key fronts including new product introduction and indirect channel expansion.

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