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NextNav Inc.

https://www.nextnav.com

Industry

Internet Content & Information

NextNav Inc. provides next generation global positioning system (GPS) and 3D geolocation services. The company delivers next generation positioning, navigation, and timing solutions through its network-based Pinnacle and TerraPoiNT solutions. Its Pinnacle 3D geolocation service is commercially available in approximately 4,400 cities and towns in the United States; and its TerraPoiNT terrestrial-based encrypted network has deployments in 51 total markets nationally. The company sells its solutions directly to customers or through partners. The company was founded in 2007 and is headquartered in McLean, Virginia.

Open

14.01

Mkt cap

1.8B

Volume

1.2M

High

14.51

P/E Ratio

-17.45

52-wk high

14.51

Low

13.83

Div yield

N/A

52-wk low

3.55

The article highlights the performance of various Information Technology stocks during Wednesday's after-market session. Notable gainers include NextNav, Edgio, Cisco Systems, Intrusion, CISO Global, and Rubicon Technologies. On the losing side, Rekor Systems, BIO-key Intl, AXT, Argo Blockchain, AEye, and Spectaire Holdings saw declines.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 8:31 pm

NextNav (NASDAQ:NN) reported Q1 2024 earnings with a GAAP EPS of $(0.28), missing the $(0.14) estimate, and sales of $1.046M, below the $1.220M estimate. This represents a significant decrease in EPS and a modest increase in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:05 pm

NextNav (NASDAQ:NN) reported Q1 earnings with a per-share loss of $(0.28), missing the $(0.14) estimate, and sales of $1.05M, below the $1.22M estimate. This represents a significant decrease in earnings and a slight increase in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:57 pm

NextNav (NASDAQ:NN) announced the appointment of Dr. Sanyogita Shamsunder as its new COO, effective May 9, 2024. With over 20 years of experience, including roles at Google and Verizon, Shamsunder's expertise in telecom and technology will support NextNav's growth in 3D geolocation and PNT solutions. Her appointment is seen as a strategic move to enhance operational excellence and innovation.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:46 pm

Skillsoft Corp. shares fell by 26.7% after reporting mixed Q4 results and lower-than-expected FY25 revenue guidance. Other stocks moved significantly in Tuesday's session, with notable gainers including WiSA Technologies and Palisade Bio, and losers like Barnes & Noble Education and Calidi Biotherapeutics.

Portfolio Pulse from Avi Kapoor

April 16, 2024 | 6:17 pm

UnitedHealth Group Incorporated (NYSE:UNH) reported better-than-expected first-quarter earnings, with adjusted EPS of $6.91 and revenues of $99.8 billion, causing its shares to surge 6.2%. Other stocks also moved significantly, including Macatawa Bank Corporation (NASDAQ:MCBC) which jumped 38.8% after announcing a merger with Wintrust Financial Corporation (NASDAQ:WFTC), and several others like Intra-Cellular Therapies, Inc. (NASDAQ:ITCI), Cullinan Oncology, Inc. (NASDAQ:CGEM), and Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) reporting positive developments.

Portfolio Pulse from Avi Kapoor

April 16, 2024 | 2:15 pm

In Friday's after-market session, several Information Technology stocks showed notable movements. Akoustis Technologies, Arqit Quantum, Microvision, NextNav, Applied Optoelectronics, and Expensify were among the gainers, with increases ranging from 4.89% to 5.0%. On the downside, OMNIQ, One Stop Systems, My Size, T Stamp, Argo Blockchain, and XTI Aerospace experienced declines between 2.59% and 3.9%.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 8:30 pm

FactSet Research Systems Inc. (FDS) shares fell by 5.2% after reporting lower-than-expected Q2 revenue and FY24 guidance. Other stocks showed significant movement, with notable gainers including Yield10 Bioscience, Inc. (YTEN) and losers like Movella Holdings Inc. (MVLA).

Portfolio Pulse from Avi Kapoor

March 21, 2024 | 6:39 pm

Guess?, Inc. (NYSE:GES) reported Q4 earnings surpassing estimates and declared a special dividend, leading to a 23.1% stock rise. Other stocks like Lufax Holding, Nortech Systems, and Micron Technology also saw significant gains following positive financial results or other favorable news. Notably, Micron Technology's strong Q2 results and Q3 guidance boosted its shares by 14.7%, while argenx SE surged 14.4% after competitors' data fell short.

Portfolio Pulse from Avi Kapoor

March 21, 2024 | 5:58 pm

In Thursday's intraday session, 12 Information Technology stocks showed significant movements. Notable gainers included Nortech Systems (NSYS) with a 24.9% increase, and Micron Technology (MU) rising by 16.75% following their Q2 earnings report. On the downside, Movella Holdings (MVLA) plummeted by 61.6%, and AuthID (AUID) fell by 24.74% after releasing their Q4 earnings. The movements reflect a mix of earnings reports and market reactions.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 5:31 pm

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