Phunware revenue jumps as company invests in AI-led growth strategy
Mobile-first enterprise software company Phunware Inc (NASDAQ:PHUN, FRA:2RJA) said on Thursday it is accelerating its transformation into an AI-enabled guest intelligence platform, as new leadership and a strong cash position support investments aimed at expanding its hospitality business and entering adjacent markets. The company, which provides location-aware mobile engagement technology for hospitality, healthcare and other physical venues, said it is focused on executing its "2.0 Strategy" following the appointment of Dmitry Kroshka as CEO in May.
Phunware expands leadership team as Wailea Beach Resort adopts AI Concierge
Phunware Inc (NASDAQ:PHUN, FRA:2RJA) appointed Nick Farrell as senior vice president of sales and added Aaron Holloway and Michael Crooks as advisors, the mobile enterprise guest intelligence platform company said, building on momentum from its showing at HITEC North America 2026 in San Antonio. The appointments follow strong engagement at the hospitality technology conference, where Phunware demonstrated its Guest Intelligence Platform, including its AI Concierge and AI Itinerary Builder.
Phunware to showcase AI guest platform at HITEC as it names new sales director
Phunware Inc (NASDAQ:PHUN, FRA:2RJA) said on Thursday it will exhibit at the Hospitality Industry Technology Exposition and Conference in San Antonio next week, as the mobile enterprise software company named a hospitality technology veteran to lead its sales efforts and previewed new features for its Guest Intelligence Platform. The Nasdaq-listed company appointed Brent McMahan, formerly of FLYR Hospitality, as senior director of sales.
New Phunware CEO unveils hospitality tech 2.0 – ICYMI
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 names new CEO, taps Disney+ veteran for AI platform push
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.
Phunware (PHUN) Reports Q1 Loss, Lags Revenue Estimates
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 advances AI Concierge to commercial release, eyes hospitality growth
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.
Phunware CEO discusses fourth quarter results, 2026 outlook - ICYMI
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) Reports Q4 Loss, Tops Revenue Estimates
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 Q4 revenue jumps as it leans into AI, hospitality
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.
Reviewing Phunware (NASDAQ:PHUN) & Zoom Communications (NASDAQ:ZM)
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Phunware CEO talks hotel tech transformation – ICYMI
Phunware Inc (NASDAQ:PHUN, FRA:2RJA) earlier this week unveiled a redesigned corporate website as part of its sharpened focus on the hospitality sector. In an interview with Proactive, CEO Jeremy Krol detailed how the company is aligning its offerings to solve what he describes as a “legacy gap” between modern guest expectations and outdated hotel processes.
