Recap: NextNav Q1 Earnings

NextNav NN reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

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

Earnings

NextNav beat estimated earnings by 11.76%, reporting an EPS of $-0.15 versus an estimate of $-0.17.

Revenue was down $369 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 8.75% drop in the share price the next day.

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

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.