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NextNav: Q4 Earnings Insights

Author: Benzinga Insights | March 13, 2024 04:35pm

NextNav (NASDAQ:NN) reported its Q4 earnings results on Wednesday, March 13, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

NextNav missed estimated earnings by -7.000000000000001%, reporting an EPS of $-0.15 versus an estimate of $-0.14.

Revenue was up $402 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.08 which was followed by a 1.0% drop in the share price the next day.

Here's a look at NextNav's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.13 -0.14 -0.17 -0.16
EPS Actual -0.21 -0.15 -0.15 -0.12
Revenue Estimate 1.03M 990K 980K 2.63M
Revenue Actual 1.03M 800K 830K 803K

To track all earnings releases for NextNav visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: NN

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