NextNav Inc. reports results for the quarter ended June 30 - Earnings Summary
NextNav Inc. reports results for the quarter ended June 30 - Earnings Summary
NextNav Inc. NN.OQ reported a quarterly adjusted loss of 24 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -48 cents. The mean expectation of two analysts for the quarter was for a loss of 15 cents per share. Wall Street expected results to range from -16 cents to -15 cents per share.
Revenue fell 4.3% to $1.15 million from a year ago; analysts expected $900.00 thousand.
NextNav Inc.'s reported EPS for the quarter was a loss of 24 cents.
The company reported a quarterly loss of $33.76 million.
NextNav Inc. shares had fallen by 13.5% this quarter and lost 7.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 6.9% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the phones & handheld devices peer group is "buy."
Wall Street's median 12-month price target for NextNav Inc. is $39.50, about 60.9% above its last closing price of $15.43
This summary was machine generated from LSEG data August 11 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.15 | -0.24 | Missed |
Mar. 31 2026 | -0.15 | -0.08 | Beat |
Dec. 31 2025 | -0.13 | -0.50 | Missed |
Sep. 30 2025 | -0.14 | -0.12 | Beat |
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