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:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.16 | -0.15 | -0.10 | -0.13 |
| EPS Actual | -0.12 | -0.18 | 0.01 | -0.10 |
| Revenue Estimate | 2.63M | 2.42M | 1.29M | 810K |
| Revenue Actual | 803K | 503K | 1.42M | 1.20M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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