NextNav Inc. (NN) Reports Q3 Loss, Tops Revenue Estimates
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NextNav Inc. (NN) reported a Q3 loss of $0.11 per share, which was better than the Zacks Consensus Estimate of a $0.15 loss. This is an improvement from the $0.21 loss per share reported a year ago.
November 13, 2024 | 11:45 pm
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NextNav Inc. reported a Q3 loss of $0.11 per share, better than the expected $0.15 loss, and an improvement from last year's $0.21 loss.
NextNav's reported loss per share was better than expected, which is typically seen as a positive indicator for the stock price. The improvement from the previous year's loss also suggests positive momentum.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100