NextNav NASDAQ: NN executives said the company continues to advance its regulatory, testing and commercialization efforts tied to a proposed terrestrial complement and backup to GPS, while reporting a first-quarter net loss that was partly offset by non-cash gains tied to warrant and derivative liabilities.
NextNav Inc. (NN) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to a loss of $0.15 per share a year ago.
Spartacus Acquisition (NN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 147 | $1,673.58 | $2,237.34 | $563.76 | 33.69% |
| BG Bart Gancher Intech Investment Management LLC | 27,942 | $367,612.29 | $420,731.08 | $53,118.79 | 14.45% |
Point72 Asset Management LP Point72 Asset Management LP | 455,869 | $6.87M | $6.86M | -$10,198.94 | -0.15% |
Jeff Ameen Spire Wealth Management | 13,400 | $78,208 | $199,526 | $121,318 | 155.12% |
| YW Yedi Wong Philosophy Capital Management LLC | 550,000 | $8.65M | $8.27M | -$378,567.08 | -4.38% |
| IT Services Industry | Information Technology Sector | Ms. Mariam Sorond CEO | NASDAQ (CM) Exchange | 65345N106 CUSIP |
| US Country | 103 Employees | - Last Dividend | - Last Split | 28 Oct 2021 IPO Date |
Founded in 2007 and headquartered in McLean, Virginia, NextNav Inc. is at the forefront of providing next-generation positioning, navigation, and timing (PNT) solutions across the United States. Specializing in advanced technologies that offer precise location and timing services, NextNav caters to a wide array of applications ranging from Wi-Fi and telecom to public safety, gaming, location-based apps, and critical infrastructure systems. With a focus on enhancing both indoor and outdoor location capabilities, the company is dedicated to redefining PNT services to meet the evolving needs of a digitally connected world.
NextNav Inc. offers a suite of pioneering products and services designed to provide precise and reliable positioning, navigation, and timing solutions.