NextNav (NN) Expected to Announce Quarterly Earnings on Friday

NextNav (NASDAQ:NN) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Friday, May 9th. Analysts expect NextNav to post earnings of ($0.14) per share and revenue of $1.87 million for the quarter.

NextNav (NASDAQ:NN) last posted its quarterly earnings results on Wednesday, March 12th. The company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.10). The company had revenue of $1.91 million for the quarter, compared to analyst estimates of $1.73 million. NextNav had a negative return on equity of 128.95% and a negative net margin of 1,732.92%. On average, analysts expect NextNav to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NextNav Trading Up 2.7 %

NASDAQ NN opened at $12.76 on Friday. NextNav has a 12 month low of $6.47 and a 12 month high of $18.54. The company has a current ratio of 5.01, a quick ratio of 5.01 and a debt-to-equity ratio of 0.81. The stock has a 50 day moving average of $11.65 and a 200-day moving average of $13.00. The company has a market cap of $1.69 billion, a PE ratio of -17.01 and a beta of 1.03.

Insider Activity

In other news, CEO Mariam Sorond sold 62,868 shares of the firm’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $11.23, for a total transaction of $706,007.64. Following the completion of the sale, the chief executive officer now owns 1,550,358 shares in the company, valued at approximately $17,410,520.34. This trade represents a 3.90 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Sammaad Shams sold 4,005 shares of the company’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $11.21, for a total transaction of $44,896.05. Following the completion of the transaction, the chief accounting officer now owns 81,100 shares in the company, valued at approximately $909,131. This trade represents a 4.71 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 72,705 shares of company stock valued at $816,495 in the last quarter. Company insiders own 7.70% of the company’s stock.

NextNav Company Profile

NextNav Inc provides next generation positioning, navigation, and timing (PNT) solutions in the United States. It offers Pinnacle, a dedicated vertical positioning network to cover entire metropolitan areas including devices equipped with a barometric pressure sensor with the highest quality wide-area altitude service.