Phunware, Inc. (NASDAQ:PHUN) Q2 2023 Earnings Call Transcript

Russell Buyse: Well, thank you all for continuing to follow Phunware. As you can see we’re still very much a work in progress, but we’ve got a solid product. We are establishing the sales momentum. I’ve seen both improvement in quantity and in quality in our sales pipeline. We’re enlisting more channel partners and we’re reaching out through those partners to the markets that we can’t reach directly and also in accordance or in concordance with those in the markets that we already natively serve. So I’m very optimistic about where the second half is with the cost reductions that we’ve done and the efficiency gains that we have, we think we can make Lyte a more economically performing. We also think we can continue the sales momentum with some significant logos the second half of this year. So thank you again for your time and attention.

Operator: Thank you. This does conclude today’s conference call. You may disconnect your phone lines at this time and have a wonderful day. Thank you for your participation.