Phunware, Inc. (NASDAQ:PHUN) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET

Company Participants

Joey Delahoussaye - Core IR, Investor Relations
Mike Snavely - Chief Executive Officer
Troy Reisner - Chief Financial Officer

Conference Call Participants

Howard Halpern - Taglich Brothers
Ed Woo - Ascendiant Capital

Operator

Ladies and gentlemen, thank you for standing by. Good afternoon, and welcome to the Phunware Second Quarter Conference Call. All participants are in a listen-only mode. [Operator Instructions] Participants of this call are advised that the audio of this conference call is being broadcast live over the internet and is also being recorded for playback purposes. A webcast replay of the call will be available approximately one hour after the end of the call through August 8, 2025.

I would now like to turn the call over to Joey Delahoussaye of Core IR, the company's Investor Relations firm. Please go ahead, sir.

Joey Delahoussaye

Thank you, operator. Good afternoon and thank you for participating in today's conference call. Earlier this afternoon, the company released its financial results for the quarter ended June 30, 2024. A copy of that press release can be found on the company's website at www.phunware.com by selecting Investors under the About tab from the corporate home page.

Joining me on today's earnings call from Phunware's management team are Mike Snavely, Chief Executive Officer; and Troy Reisner, Chief Financial Officer.

During this call, management will be making forward-looking statements, including statements that address Phunware's expectations for future performance or operational results. Forward-looking statements involve risks and other factors that may cause actual results to differ materially from those statements. For more information about these risks, please refer to the risk factors described in Phunware's most recently filed annual report on Form 10-K and subsequent periodic reports filed with the SEC and Phunware's press release that accompanies this call, particularly the cautionary statements in it.

The content of this call contains time-sensitive information that is accurate only as of today, August 8, 2024. Except as required by law, Phunware disclaims any obligation to publicly update or revise any information to reflect events or circumstances that occur after this call.

It is now my pleasure to turn the call over to CEO, Mike Snavely.

Mike Snavely

Thanks, Joey, and good afternoon to everyone on the call. During the second quarter of 2024, we've continued building upon the momentum begun during our first quarter. In quarter two, we delivered 100% customer retention, strengthened our bench of advisers within the hospitality sector and most recently became part of the FTSE Russell Microcap Index.