NextNav will announce its Q4 2024 financial results on March 12, 2025, followed by a conference call.
Quiver AI Summary
NextNav, a leader in advanced positioning, navigation, timing (PNT), and 3D geolocation, has announced the release of its financial results for the fourth quarter and full year ending December 31, 2024. The results will be shared after market close on March 12, 2025, followed by a conference call at 5:00 PM ET to discuss the findings. Interested participants can register for the call online and will receive further details upon registration, while a live webcast will also be available. Additionally, a replay of the conference call will be accessible until March 19, 2025. NextNav specializes in providing precise and dependable PNT solutions through its innovative technologies, supported by licensed spectrum.
Potential Positives
- NextNav is scheduled to release its financial results for Q4 and full year 2024, providing investors with timely updates on the company's performance.
- The announcement of a conference call for discussing financial results indicates transparency and engagement with stakeholders.
- NextNav's focus on next-generation positioning, navigation, and timing technology positions the company as a leader in an evolving market, potentially attracting investor interest and customer engagement.
Potential Negatives
- Financial results announcement for Q4 and full year may indicate potential financial challenges depending on the outcomes reported.
- The need for registration to access the conference call could limit investor participation and transparency.
- Setting a specific release date could create pressure on the company to meet performance expectations by that timeframe.
FAQ
What date will NextNav release its financial results?
NextNav will release its financial results on March 12, 2025.
What time is the NextNav conference call?
The conference call will be held at 5:00 PM ET on March 12, 2025.
How can I register for the NextNav conference call?
You can register for the conference call by visiting https://registrations.events/direct/Q4I629366.
Where can I find the live webcast of the conference call?
The live webcast will be available on NextNav's investor relations website at https://ir.nextnav.com/.
Until when will the call replay be available?
The call replay will be available until March 19, 2025.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NN Insider Trading Activity
$NN insiders have traded $NN stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $NN stock by insiders over the last 6 months:
- MARIAM SOROND (CEO, President and Director) has made 0 purchases and 2 sales selling 251,470 shares for an estimated $4,147,311.
- ARUN RAGHUPATHY (Senior Vice President) has made 0 purchases and 2 sales selling 4,455 shares for an estimated $77,067.
- CHRISTIAN D. GATES (Chief Financial Officer) sold 3,918 shares for an estimated $69,135
- SAMMAAD SHAMS (Chief Accounting Officer) has made 0 purchases and 3 sales selling 1,393 shares for an estimated $17,455.
- ROBERT LANTZ (General Counsel) sold 336 shares for an estimated $4,828
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$NN Hedge Fund Activity
We have seen 99 institutional investors add shares of $NN stock to their portfolio, and 55 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FLEMING JAMES B JR removed 4,533,290 shares (-46.7%) from their portfolio in Q4 2024, for an estimated $70,537,992
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 3,493,016 shares (-71.3%) from their portfolio in Q4 2024, for an estimated $54,351,328
- BLACKROCK, INC. added 966,717 shares (+18.8%) to their portfolio in Q4 2024, for an estimated $15,042,116
- GENERAL AMERICAN INVESTORS CO INC removed 811,948 shares (-48.7%) from their portfolio in Q4 2024, for an estimated $12,633,910
- GROUP ONE TRADING LLC added 787,412 shares (+82.8%) to their portfolio in Q4 2024, for an estimated $12,252,130
- VANGUARD GROUP INC added 759,775 shares (+23.3%) to their portfolio in Q4 2024, for an estimated $11,822,099
- INVESCO LTD. added 684,571 shares (+2461.2%) to their portfolio in Q4 2024, for an estimated $10,651,924
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
RESTON, Va., Feb. 28, 2025 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN), a leader in next generation positioning, navigation, timing (PNT) and 3D geolocation, today announced that it will release its financial results for the fourth quarter and full year ended December 31, 2024 after the market closes on Wednesday March 12, 2025, and will host a conference call on the same day at 5:00 PM ET to discuss its results.
Registration for the conference call can be completed by visiting the following website prior to, or on the day of, the conference call: https://registrations.events/direct/Q4I629366 . After registering, each participant will be provided with call details and a registrant ID. Reminders will also be sent to registered participants via email. Alternatively, the conference call will be available via a live webcast.
To access the live webcast or a replay, visit the Company’s investor relations website at https://ir.nextnav.com/ .
A replay will be available through March 19, 2025. To receive replay details, please register through the link above. After registering for replay details, each participant will be provided with call details and access codes to listen to the call playback.
About NextNav
NextNav Inc. (Nasdaq: NN) is a leader in next-generation positioning, navigation and timing (PNT), enabling a whole new ecosystem of applications and services that rely upon 3D geolocation and PNT technology. Powered by low-band licensed spectrum, NextNav’s positioning and timing technologies deliver accurate, reliable, and resilient 3D PNT solutions for critical infrastructure, GPS resiliency and commercial use cases.
For more information, please visit https://nextnav.com/ or follow NextNav on X at https://x.com/NextNav or LinkedIn at https://www.linkedin.com/company/nextnav/ .
Source: NN-FIN
Contact:
Katie Eskwitt
Sloane & Company
[email protected]
