NextNav (NASDAQ:NNAVW – Get Free Report) is projected to release its resultson Wednesday, August 12th. Analysts expect the company to announce earnings of ($0.1550) per share and revenue of $0.9180 million for the quarter.
NextNav Stock Performance
NextNav stock opened at $5.50 on Wednesday. The business has a 50-day simple moving average of $6.80 and a 200 day simple moving average of $7.38. NextNav has a 52 week low of $3.90 and a 52 week high of $13.41.
NextNav Company Profile
NextNav is a technology company that specializes in next-generation location services, offering a precision positioning platform designed to deliver accurate latitude, longitude and altitude information across a variety of environments. Leveraging a network of ground-based transmitters and advanced signal-processing techniques, NextNav’s system extends the capabilities of traditional satellite-based positioning to deliver reliable indoor and urban canyon coverage. Its service is architected to support applications ranging from emergency response and public safety to asset tracking, IoT, drones and augmented reality.
At the core of NextNav’s offering is its Pinnacle positioning system, which provides z-axis (vertical) location data with floor-level accuracy.
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