NextNav (NN) Projected to Post Earnings on Friday

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

NextNav (NASDAQ:NN) last posted its quarterly earnings data 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). NextNav had a negative return on equity of 128.95% and a negative net margin of 1,732.92%. The firm had revenue of $1.91 million for the quarter, compared to the consensus estimate of $1.73 million. On average, analysts expect NextNav to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NextNav Price Performance

NN stock opened at $12.76 on Friday. The company’s 50-day moving average price is $11.65 and its two-hundred day moving average price is $13.00. The firm has a market cap of $1.69 billion, a P/E ratio of -17.01 and a beta of 1.03. The company has a quick ratio of 5.01, a current ratio of 5.01 and a debt-to-equity ratio of 0.81. NextNav has a 12 month low of $6.47 and a 12 month high of $18.54.

Insider Activity at NextNav

In other news, CEO Mariam Sorond sold 62,868 shares of the firm’s stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $11.23, for a total value of $706,007.64. Following the sale, the chief executive officer now directly 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 document filed with the SEC, which is accessible through this hyperlink. Also, CAO Sammaad Shams sold 4,005 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $11.21, for a total transaction of $44,896.05. Following the transaction, the chief accounting officer now owns 81,100 shares of the company’s stock, valued at approximately $909,131. This represents a 4.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 72,705 shares of company stock valued at $816,495 over the last three months. 7.70% of the stock is owned by insiders.

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.