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NextNav Inc. Reports First Quarter 2024 Results

Retrieved on: 
星期三, 五月 8, 2024
Sale, PNT, Investment, FCC, NN, 3D, Balance sheet, Federal, County, ID, NextNav, Federal Communications Commission, Superior court, Internet service provider

MCLEAN, Va., May 08, 2024 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today reported financial results for NextNav’s first quarter ended March 31, 2024.

Key Points: 
  • Filed Rulemaking Petition with FCC on April 16, 2024
    MCLEAN, Va., May 08, 2024 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today reported financial results for NextNav’s first quarter ended March 31, 2024.
  • Mariam Sorond, NextNav's CEO stated, “NextNav is off to an exciting start to the year.
  • Three Months Ended March 31, 2024 Financial Highlights
    Revenue: was $1.0 million in the three months ended March 31, 2024, as compared to $830,000 in the prior year period.
  • NextNav will host a conference call for analysts and investors at 5:00 pm ET on Wednesday, May 8, 2024.

NextNav to Participate in Upcoming Investor Conferences

Retrieved on: 
星期三, 五月 8, 2024
PNT, NN, NextNav, Growth, Kathy Hilton, Conference, The Beverly Hilton

Management will participate in one-on-one meetings with investors.

Key Points: 
  • Management will participate in one-on-one meetings with investors.
  • Management will present at 3:45 pm ET on Thursday, May 16, 2024, and will conduct one-on-one meetings with investors.
  • B. Riley Securities’ 24th Annual Institutional Investor Conference on May 22-23, 2024 at the Beverly Hilton Hotel in Beverly Hills, CA.
  • Management will present at 9:00 am PT on Thursday, May 23, 2024, and will conduct one-on-one meetings with investors.

NextNav Announces Sanyogita Shamsunder as Chief Operating Officer

Retrieved on: 
星期二, 五月 7, 2024
Product strategy, University, Verizon Communications, Software, NN, 3D, Samyukta, MBA, Government, NextNav, Growth, GPS

MCLEAN, Va., May 07, 2024 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, announced the appointment of Dr. Sanyogita Shamsunder as NextNav’s new Chief Operating Officer, effective May 9, 2024.

Key Points: 
  • MCLEAN, Va., May 07, 2024 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, announced the appointment of Dr. Sanyogita Shamsunder as NextNav’s new Chief Operating Officer, effective May 9, 2024.
  • In this newly created role, Sanyogita will be overseeing business development, strategy, product and software, program and operations, and IT.
  • “Sanyogita’s appointment as NextNav’s Chief Operating Officer heralds a new chapter of innovation and growth,” NextNav Chief Executive Officer Mariam Sorond said.
  • I look forward to collaborating with the talented team at NextNav to create more value and shape the future."

NN, Inc. Reports First Quarter 2024 Results

Retrieved on: 
星期一, 五月 6, 2024
Power station, NN, Plant, Senior, Acquisition, Adjustment, Quality of life

CHARLOTTE, N.C., May 06, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • CHARLOTTE, N.C., May 06, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported its financial results for the first quarter ended March 31, 2024.
  • Adjusted loss from operations for the first quarter of 2024 was $0.7 million compared to adjusted loss from operations of $0.4 million for the same period in 2023.
  • Net sales for the first quarter of 2024 were $48.2 million compared to $49.1 million in the first quarter of 2023, a decrease of 1.7%, or $0.9 million.
  • Net sales for the first quarter of 2024 were $73.1 million compared to $78.0 million in the first quarter of 2023, a decrease of 6.4%, or $4.9 million.

NextNav Announces Date for First Quarter 2024 Earnings Call

Retrieved on: 
星期三, 四月 24, 2024
PNT, NN, ID, NextNav

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/Q4I629362 .

Key Points: 
  • 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/Q4I629362 .
  • After registering, each participant will be provided with call details and a registrant ID.
  • To access the live webcast or a replay, visit the Company’s investor relations website at https://ir.nextnav.com/ .
  • A replay of the call can also be accessed via phone through May 15, 2024 by dialing (800) 770-2030 from the U.S., or (647) 362-9199 from outside the U.S.

NN, Inc. to Hold First Quarter 2024 Earnings Conference Call on Tuesday, May 7, 2024

Retrieved on: 
星期三, 四月 24, 2024
NN, Webcast

The company will hold a related conference call on Tuesday, May 7, 2024, at 9 a.m. E.T.

Key Points: 
  • The company will hold a related conference call on Tuesday, May 7, 2024, at 9 a.m. E.T.
  • The conference call will be webcast simultaneously and in its entirety through the NN, Inc. Investor Relations website.
  • Shareholders, media representatives and others may participate in the webcast by registering through the Investor Relations section on the company’s website at https://investors.nninc.com/ .
  • For those who are unavailable to listen to the live call, a replay will be available shortly after the call on NN’s website through May 7, 2025.

NextNav Lays Out New Vision for Complement and Backup to GPS with Additional Spectrum for Broadband Services

Retrieved on: 
星期二, 四月 16, 2024
PNT, FCC, GPS, NN, 3D, Federal, Legislation, County, Nextgen, NextNav, Federal Communications Commission, Superior court, Internet service provider

MCLEAN, Va., April 16, 2024 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, timing (“PNT”) and 3D geolocation, today filed a rulemaking petition asking the Federal Communications Commission (“FCC”) to deliver an innovative spectrum solution in the Lower 900 MHz band (902-928 MHz band). The petition proposes rearranging the band to facilitate a terrestrial PNT network and broadband.

Key Points: 
  • Provide 15 megahertz of low-band spectrum for use by mobile broadband networks.
  • This new vision for the Lower 900 MHz band unleashes spectrum for essential PNT solutions as well as broadband - all while protecting licensed incumbent operations,” stated NextNav CEO Mariam Sorond.
  • As a part of this proposed new band plan, NextNav would enable a terrestrial PNT service to serve as a much-needed backup and complement to GPS.
  • This modernized Lower 900 MHz band plan also creates access to 15 MHz of low-band spectrum for 5G services.

NextNav Inc. Announces 2024 Annual Meeting of Stockholders

Retrieved on: 
星期五, 四月 12, 2024
NN, Annual general meeting, GPS

MCLEAN, Va., April 12, 2024 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”), a leader in next generation GPS, today announced that it intends to hold the Annual Meeting of Stockholders (the “2024 Annual Meeting”) on Thursday, May 16, 2024, at the time and location specified in the Company’s proxy statement for the 2024 Annual Meeting.

Key Points: 
  • MCLEAN, Va., April 12, 2024 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”), a leader in next generation GPS, today announced that it intends to hold the Annual Meeting of Stockholders (the “2024 Annual Meeting”) on Thursday, May 16, 2024, at the time and location specified in the Company’s proxy statement for the 2024 Annual Meeting.
  • The close of business on March 28, 2024 has been set as the record date for determination of shareholders entitled to notice of, and to vote at, the 2024 Annual Meeting.

NN, Inc. Announces Jeff Tritapoe as Vice President of Global Operations

Retrieved on: 
星期三, 四月 10, 2024
Industrial engineering, University, Mechanical engineering, Quality control, NN, Mechanical, JIT, Plant, Sigma, Global Operations, PPAP, Kaizen, Growth, Management

CHARLOTTE, N.C., April 10, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced the appointment of Jeff Tritapoe as Vice President of Global Operations, effective April 10, 2024.

Key Points: 
  • CHARLOTTE, N.C., April 10, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced the appointment of Jeff Tritapoe as Vice President of Global Operations, effective April 10, 2024.
  • Mr. Tritapoe brings over 30 years of experience in manufacturing, operations and business transformation.
  • “Jeff is a proven operational leader with decades of experience in the industrial, vehicle and medical manufacturing markets.
  • Jeff has served as Chief Operating Officer and SVP Global Operations, as well as other senior operational leadership positions for both public and private companies.

JPMorgan Chase Declares Preferred Stock Dividends

Retrieved on: 
星期一, 四月 15, 2024
Banking, Professional Services, Finance, LL, JPMorgan Chase, KK, Chase, NN, J. P. Morgan, JJ, GG, Government, JPM

JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series DD, EE, GG, JJ, KK, LL, MM and NN preferred stock.

Key Points: 
  • JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series DD, EE, GG, JJ, KK, LL, MM and NN preferred stock.
  • JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide.
  • JPMorgan Chase had $4.1 trillion in assets and $337 billion in stockholders’ equity as of March 31, 2024.
  • Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .